Broadcom’s stock price has surged an eye-popping 340% since 2023, catapulting the semiconductor stalwart into the upper echelons of the S&P 500 with a market capitalization of $1.2 trillion.

Argus Research has issued a BUY rating for Broadcom Incorporated (NASDAQ: AVGO), citing its strong earnings growth, robust AI-driven semiconductor revenue, and successful integration of VMware into