Prediction: Broadcom Stock Is Going to $1,000 by 2028

Broadcom reports 48% year-over-year revenue growth to $22.2 billion in fiscal Q2, with non-GAAP EPS up 54% to $2.44 per share. The company's AI chip revenue forecast of $16 billion for the quarter trails consensus at $16.36 billion, but it maintains $100 billion AI revenue forecast for fiscal 2027. Stock drops 6.35% to $371.40 after missing revenue expectations.