Goldman Sachs has told clients to be aggressive buyers of Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) on any share price weakness following the US chipmaker's second-quarter results. In doing so, it argued that the modest near-term disappointment relative to elevated expectations masks an exceptionally strong medium-term AI revenue trajectory.
Goldman Sachs urges investors to buy Broadcom dip with still AI revenue trajectory intact
Source: Proactive Investors