Broadcom Inc.’s stock is expected to see significant gains in 2025, according to Jefferies analyst Blayne Curtis. The chipmaker’s application-specific integrated circuits (ASICs) are driving growth due to their increasing demand in the artificial intelligence landscape.
Curtis believes Broadcom is “uniquely positioned” with AI ASICs that are rapidly growing in complexity and volume. This positions the company for strong earnings growth, making it a top pick within the chip sector heading into 2025.
With Broadcom’s stock bucking Friday’s tech-sector decline, Curtis highlights rosy pricing opportunities. The analyst is bullish on the company’s ability to maintain momentum, making it an attractive investment opportunity.
Source: https://www.marketwatch.com/story/why-broadcoms-stock-is-this-analysts-top-chip-pick-for-2025-with-37-upside-9d86d3f5