Broadcom's AI Boom: 16% Yield & $10B Revenue
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Broadcoms stock, purchased for $1000 in 2016, is now worth $20,000, a 1900% increase. The companys dividend payout has grown over 1200% since then, now yielding over 16% annually. With a record-breaking Q1 2022 earnings and AI chip sales doubling, Broadcom is poised for a $100 billion AI revenue by 2027, making it a lucrative long-term investment.
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