Veytics Intelligence
2026-11-11 · Yahoo

Broadcom Stocks Climb 5.18% as Goldman Calls Chips Oversold and Anthropic Stake Lands

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This article first appeared on GuruFocus. Broadcom (NASDAQ:AVGO) shares climbed 5.18% to $349.18 at 9:45 a.m. ET on Wednesday, November 11, in regular trading, after Goldman Sachs placed the chipmaker on its short list of top picks and argued the AI selloff had gone too far. Anthropic's amended IPO filing added a second catalyst, listing Broadcom for a $1 billion slice of its concurrent placement. Warning! GuruFocus has detected 3 Warning Sign with AVGO. Is AVGO fairly valued? Test your thesis with our free DCF calculator.AVGO GF Value chart Goldman's James Schneider said NVIDIA trades at 12 times and Broadcom at 13 times a no-growth 2028 earnings baseline that he considers unlikely, according to 24/7 Wall St.

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