Defiance Daily Target 2X Long AVGO ETF(AVGX.US)

Last Updated 19:00:00 ET
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Defiance Daily Target 2X Long AVGO ETF
AVGX.US
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According to JP Morgan, the performance of the semiconductor and equipment industry in the last quarter is expected to meet or exceed expectations, recommending to "overweight" NVIDIA, Broadcom, and others

JP Morgan expects the semiconductor and equipment industry to perform in line with or better than expectations in the fourth quarter, and holds a positive outlook for 2026. The bank noted that over 70% of the covered companies are showing a positive earnings revision trend, which is expected to continue until the end of the year. AI-related infrastructure spending will maintain strong growth, driving significant market expansion in the coming years. JP Morgan also anticipates that companies will provide constructive comments on future spending based on strong order flow, thereby supporting stock prices

AASTOCKS·
US
AVL
+0.48%
US
XSD
-3.38%
US
AVGG
+0.33%
AASTOCKS·
US
AVL
+0.48%
US
XSD
-3.38%
US
AVGG
+0.33%

Is Broadcom Stock A Buy Now? Analysts See AI Demand Powering AVGO Higher

Broadcom Inc (NASDAQ:AVGO) shares are down 1.90% at $319.31 amid mixed market conditions, despite growing analyst support. Analysts from TD Cowen maintain a Buy rating with a price target of $450, driven by rising AI demand for chips. KeyBanc highlights potential pricing increases due to hyperscalers securing DRAM and NAND capacity. While the stock shows bearish short-term indicators, it has increased 33.42% over the past year. Analysts expect strong earnings growth, with an EPS estimate of $1.88 for the upcoming report on Mar. 5, indicating a positive long-term outlook for Broadcom.

benzinga_article·
US
SMH
-3.37%
US
AVGG
+0.33%
US
AVL
+0.48%
benzinga_article·
US
SMH
-3.37%
US
AVGG
+0.33%
US
AVL
+0.48%

'We Can't Ignore It,' Says Top Analyst about Broadcom; Upgrades AVGO Stock to Buy

Broadcom Limited (AVGO) received a bullish upgrade from Wolfe Research, raising its rating to Buy with a $400 price target, indicating a 21% upside. Analyst Chris Caso highlighted the growing demand for Alphabet's Tensor Processing Units (TPUs) as a key factor. The firm anticipates Broadcom's revenue to reach $154.5 billion and earnings per share of $16 by 2027, driven by AI chip demand. AVGO stock holds a Strong Buy consensus rating with an average price target of $457.75, suggesting a 38.41% upside potential by 2026.

Tip Ranks·
US
PSI
-4.30%
US
AVGG
+0.33%
US
AVGU
+0.10%
Tip Ranks·
US
PSI
-4.30%
US
AVGG
+0.33%
US
AVGU
+0.10%

Broadcom Set To Dominate Custom AI Chip Market With 60% Share By 2027, Counterpoint Says

Counterpoint Research predicts that Broadcom will dominate the custom AI chip market with a 60% share by 2027, as major tech companies like Google, Amazon, Microsoft, and Apple ramp up their AI chip production. AI server compute ASIC shipments are expected to triple by 2027, driven by demand for faster AI solutions. While Broadcom leads, competition is intensifying, particularly from Google and MediaTek. The market is shifting from a Google-AWS duopoly to a more diversified landscape, with significant contributions from Meta and Microsoft. Taiwan Semiconductor Manufacturing Company remains the primary foundry for AI chip production.

benzinga_article·
US
AVGW
+0.42%
US
SOXX
-4.11%
US
AVGG
+0.33%
benzinga_article·
US
AVGW
+0.42%
US
SOXX
-4.11%
US
AVGG
+0.33%

Analysts Double Down On Broadcom As AI Infrastructure Boom Accelerates

Broadcom (AVGO) is gaining analyst support due to rising AI demand and supply chain constraints. Analysts reaffirmed a Buy rating and a $450 price target, highlighting Broadcom's position as a key beneficiary in custom silicon. The AI infrastructure boom is expected to sustain elevated capital spending from hyperscalers for the next 18 to 24 months, although concerns about valuation and margin pressure remain. Broadcom shares rose 1.81% to $334.75 in premarket trading.

benzinga_article·
US
AVGW
+0.42%
US
AVGG
+0.33%
US
XSD
-3.38%
benzinga_article·
US
AVGW
+0.42%
US
AVGG
+0.33%
US
XSD
-3.38%
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