The Zhitong Finance App learned that last week, Broadcom (AVGO.US) and Oracle (ORCL.US) experienced a shock in stock prices for one day after releasing financial reports. Broadcom plummeted one after another, losing 17% of blood within two days. Last Friday, UBS and the Broadcom (AVGO.US) management team held an offline investor meeting. Based on the content of the conference communication, the bank believes that the market reaction on Friday was an overreaction. Based on management's statement on the AI semiconductor business revenue for the 2026 fiscal year, the bank raised its performance expectations. It is expected that AI semiconductor revenue for the 2026 fiscal year will exceed 60 billion US dollars, an increase of nearly 3 times over the previous year, and the target price will be raised from 472 US dollars to 475 US dollars.

The Zhitong Finance App learned that last week, Broadcom (AVGO.US) and Oracle (ORCL.US) experienced a shock in stock prices for one day after releasing financial reports. Broadcom plummeted one after another, losing 17% of blood within two days. Last Friday, UBS and the Broadcom (AVGO.US) management team held an offline investor meeting. Based on the content of the conference communication, the bank believes that the market reaction on Friday was an overreaction. Based on management's statement on the AI semiconductor business revenue for the 2026 fiscal year, the bank raised its performance expectations. It is expected that AI semiconductor revenue for the 2026 fiscal year will exceed 60 billion US dollars, an increase of nearly 3 times over the previous year, and the target price will be raised from 472 US dollars to 475 US dollars.