Broadcom Stock Forecast: AI Chip Boom Could Push AVGO Toward $613 by 2030
Broadcom Stock Forecast: AI Chip Boom Could Push AVGO Toward $613 by 2030
Broadcom is gaining major attention from investors as demand for artificial intelligence infrastructure continues to grow. According to a recent 24/7 Wall St. analysis, Broadcom’s stock could reach about $613.02 by 2030 if the company keeps benefiting from AI chip demand, strong margins, and large hyperscaler customers. The report also gives Broadcom a 12-month price target of $480.71, compared with a current price of $414.57.
Why Broadcom Is Becoming an AI Infrastructure Leader
Broadcom is no longer viewed only as a traditional semiconductor and networking company. It has become one of the most important suppliers in the AI hardware chain. Its custom AI chips, networking products, and data center solutions are being used by large technology companies that are building massive AI systems.
The company reported Q1 fiscal 2026 revenue of $19.31 billion, up about 29% year over year. Even more importantly, its AI semiconductor revenue jumped 106% year over year to $8.40 billion. That growth is one of the main reasons analysts remain optimistic about the stock.
Broadcom’s 2030 Stock Price Projection
The 24/7 Wall St. model projects Broadcom stock could move gradually higher over the next several years. The forecast estimates:
| Year | Projected Price |
|---|---|
| 2026 | $418.65 |
| 2027 | $485.59 |
| 2028 | $549.12 |
| 2029 | $573.94 |
| 2030 | $613.02 |
This forecast depends heavily on Broadcom’s ability to turn AI demand into long-term revenue. The strongest growth driver is custom silicon, especially chips designed for large cloud and AI customers.
AI Revenue Is the Main Growth Engine
Broadcom CEO Hock Tan has said the company has visibility toward more than $100 billion in AI chip revenue in 2027, with capacity secured through 2028, according to the report. That is a major signal because it suggests demand is not just short term. It may continue for several years if major technology companies keep spending heavily on AI infrastructure.
Broadcom’s AI business includes custom accelerators, networking chips, and other data center technology. These products help move and process huge amounts of data, which is essential for training and running advanced AI models.
Why Bulls Remain Positive
Bullish investors believe Broadcom still has room to rise because AI infrastructure spending remains strong. Major companies such as Google, Meta, Anthropic, and OpenAI are connected to Broadcom’s custom silicon growth story, according to the article.
If AI spending continues at a fast pace, Broadcom may benefit from both chip sales and networking demand. Its adjusted EBITDA margin reached a record 68%, showing that the company is not only growing but also producing strong profitability.
Risks Investors Should Watch
The biggest risk is customer concentration. Broadcom’s AI growth depends on a limited number of large hyperscale customers. If these companies slow down spending, delay projects, or choose competing chip suppliers, Broadcom’s growth could weaken.
Another risk is valuation. The stock has already risen sharply, and high expectations are built into the price. If revenue growth misses forecasts, investors could quickly become less confident.
Bottom Line
Broadcom’s path to a possible $613 stock price by 2030 depends on execution. If the company keeps expanding AI chip revenue, protects its margins, and wins more custom silicon deals, the long-term outlook may remain strong. However, investors should remember that forecasts are not guarantees. AI demand, competition, and spending cycles can change quickly.
This article is for informational purposes only and is not financial advice.
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