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Broadcom Inc. (AVGO): Billionaire Ken Fisher’s Favorite Chip Stock
Broadcom Inc. (NASDAQ:AVGO) is highlighted as billionaire Ken Fisher’s favorite chip stock and a significant holding in Fisher Asset Management’s portfolio. The article discusses Broadcom’s impressive growth, surpassing $1 trillion in market capitalization in 2024, and its strong projections for AI chip revenue, expecting to exceed $100 billion by 2027. It also details the company’s semiconductor and infrastructure software solutions, while suggesting other AI stocks might offer higher returns in a shorter timeframe.