Broadcom Inc. (NASDAQ:AVGO) is one of the Unstoppable Growth Stocks to Invest In According to Reddit. On April 14, Broadcom Inc. (NASDAQ:AVGO) was reiterated with a Buy rating by UBS with a price target of $475. The bullish sentiment comes after the company expanded its partnership with Google.
The firm noted that the company has recently secured a supply contract for Google’s next-gen TPUs, networking gear, and rack components. This is a long-term agreement extending till 2031. Moreover, Google, Broadcom, and Anthropic have extended their collaboration, which allows roughly 3.5GW of TPU compute access for Anthropic starting in 2027.
The firm noted that this collaboration adds approximately 3GW and $40 billion across calendar years 2026 and 2027 for Broadcom. UBS expects the company to ship around 7 million TPUs in 2027, up from the previous estimate of 6 million TPUs.
As a result, the firm raised revenue projections and now expects the company to post $195 billion in revenue in fiscal 2027, up from the previous estimate of $182 billion. Out of this, $145 billion is expected to come from the AI segment, which is also a sharp increase from the earlier expectation of $133 billion.
Broadcom Inc. (NASDAQ:AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company acts as a critical supplier to the technology industry, with products supporting data centers, networking, software, broadband, wireless, and storage markets.
While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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