Mizuho Bullish on Broadcom Ahead of Q3 Earnings, Citing 30-Quarter Streak
By EC Assets · Published
Mizuho has expressed a bullish outlook on Broadcom. The investment firm's positive stance comes ahead of Broadcom's scheduled September 2 earnings report. Mizuho cited a 30-quarter streak in its assessment of Broadcom. Broadcom Inc. delivered a record second quarter performance. The company secured $30 billion in new artificial intelligence (AI) orders during this period. Broadcom reported a 3x book-to-bill ratio. Its AI revenue growth is accelerating. Broadcom maintained its fiscal 2027 AI revenue target of $100 billion. This article is intended for informational purposes only. It does not constitute investment advice.
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