Broadcom stock price dips toward $325 as analyst warns hyperscalers could squeeze AVGO’s AI chips
Broadcom Inc slipped 1.8% to finish Friday at $325.17. D.A. Davidson put out new coverage on the stock, tagging it with a neutral rating. The firm’s analyst, Gil Luria, described Broadcom’s AI custom-chip operation as “sitting on a shrinking iceberg.” Luria’s price target: $335—just above where shares closed.