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Prediction: $5,000 Invested in Broadcom Could Be Worth This Much in 2028
The Motley Fool·
Broadcom is positioned to deliver strong returns over the next two years despite lagging the S&P 500 in 2024. The company's custom AI chips serve as a cheaper alternative to Nvidia's GPUs, with management projecting $115 billion in AI semiconductor revenue for 2027 and $230 billion for 2028. An analyst predicts a $5,000 investment could grow to approximately $9,858 by October 2028, assuming 50% average EPS growth and a forward P/E multiple of 17x.
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