AVGO

g3tr1ghttt

- I still disagree with Denmark comparison, is it some tech advanced nation building our future? Maybe we all should move there? Why not comparing to individuals’ net worth “can you imagine annual data center spend in the US just passed Musk’s net worth”? It’s meaningless is what I’m saying. - 14% margin is not terrible, it’s after subtracting massive capex, right? So all it proves is that this field is profitable. And what is Oracle’s net margin and its dynamic, it’s pretty good isn’t it? On par with retail and other low margin businesses? Are you saying that Costco’s under 3% net margin is low, yet Oracle’s 30% net margin is terrible? Yet, Costco’s PE is 25% worse than Oracle’s, and nobody is yelling about Costco’s market cap, it’s Oracle that is still overpriced at the levels of November last year before any RPO announcement, right? Oracle isn’t pure AI business, it is becoming a classic CSP vendor, their buildout isn’t specifically for Openai, their plan is stay competitive and take market share of AWS, GCP, Azure. Anthropic and Openai are startups, they need to work their way up to attract customers, diversify into more products and increase revenue, and that should be their investors’ concern, definitely not Oracle’s, because if one such startup goes under, the other companies will fill up the capacity, compute consumption is always increasing. Remember people on here were dooming Reddit at the time of IPO, as if it makes no money and will go bankrupt? Look at where it stands now, and it’s not diversified at all. You seem to be focused only on a few companies which get a lot of negative manipulative feedback on the internet, while mentioned “a lot of companies with terrible margins”, maybe try doing the actual research and apply common sense with your own (not manipulatively induced) opinion? There are public companies and startups incorporating and/or offering AI solutions, which translates to either higher profit or competitiveness. Nobody wants to go out of business by missing out on investing into the future. - AVGO CEO did mention margin contraction, but my question is given that ER and guidance significantly exceeded highest expectations and what exact margin contraction? like from gross 78% to 77%? Is that enough for a daily drop of 16%??? And it has nothing to do with Oracle as by the time of the bloomberg announcement, AVGO already nosedove. - Not sure what AI bulls are doing, I’m not following them. I’m just a common sense investor and go long on the companies I personally like or sit out with cash, and those I don’t like - I just avoid as you never know what next turn manipulation would make. - Oracle’s debt hasn’t peaked in terms of historical debt/asset ratio and given that revenue and net income shows positive dynamic, I tend to believe the bond market and narrative around the company is a manipulation tactic by institutioms, while unsure the ultimate strategy - maybe increase volatility and trading activity across all equities to pocket huge commissions?

Mean_Bumblebee1945

Guys I need your advice. I bought 45 CFD contracts worth 1M exposure on Nasdaq future at 25800 after the AVGO earnings hoping to see a new ath on Q. I could not sell them with stop loss due to a gap down. Yesterday I held them through the whole day which made me a loss of 20k Euros. My net worth now went down from 105k to 85K Euros. Would you guys take the loss tomorrow at the Futures opening or try to hold them through Monday in hope for them to recover with a rebound? This will be my last stock market trade, afterwards I will cash out and leave trading. I was insanely stupid and greedy to not realize my loss earlier.

ShittyUsernane1222

toxic loans and credit of ORCL, causing an mass lender sell-off. shitty AVGO news. us ai bubble nearing the popping stage.

Regular-Potato-8329

I did the exact same and will do again Monday too. I'm sure there are lots of us in this boat. I'm bullish on $AVGO to go to $415 by tuesday morning Jim Cramer's face is our pirate flag!

SpongEWorTHiebOb

Broadcom has had accounting and reporting issues in the past. It’s widely reported that their latest deal with Anthropic is a cost pass through structure where AVGO acts as a middle man collecting a toll. The cost paid to TSM never shows in cost of sales or is offset by the reimbursement received from Anthropic. The toll gets reported in its services segment and appears as 100% margin but AVGO does little to add value. The toll is also relatively minor relative to the costs. It’s an accounting gimmick. If this gets confirmed and if it’s a wide spread then this will be a big scandal.

Aggressive_Change602

AVGO selloffs was exaggerated, 2026 will still be a good year for AI/Tech related stocks, long term trajectory has not been changed

Aggravating_Mix_5737

AVGO massive pump of 55% ytd. Worth selling perhaps

Nearby_Hamster_3636

Do you think Zuckerberg put AVGO chips on his Christmas list for Santa or something?

horrorparade17

Why would it keep going down? Excellent two quarters and yet it’s net down on the quarter? This is standard overselling of AVGO that will rebound high

Wowmuchrya

Avgo has 5 customers for chips. Nvidia has every company in the world. Cost of ai related expenses are going up. All chip companies will experience margin compression. Now imagine what happens if this is a bubble and Broadcom stops getting custom ASIC orders. This is a new part of their business while it has ALWAYS been Nvidia’s business. It means Avgo -80%s and Nvidia -40%s. The other issue that got exposed wad AVGO is losing revenue from other sides of its business like VMWare subscriptions, so instead of -80ing it will -90. It’s a gamble. If there’s no bubble and the ASIC space takes off Broadcom could double. That’s unlikely.

BleuBrink

You know I just looked this up and its not actually true. AVGO is the 5th largest holding, 6th if you combine GOOG and GOOGL into one holding. https://preview.redd.it/r226dy0mg07g1.png?width=741&format=png&auto=webp&s=f41f0e1308ddbe7bb80b3746d6a300b23d949e13

boundbythebeauty

ouch! i wouldn't look at AVGO until it touches $226

fomoandyoloandnogrow

Here we go with the stupid “iT’z FREeeeee mONeY To BUy AVGO lEaPs” people, making the same regarded mistake META regards did before it stopped the bleeding

dustsmoke

You forgot to mention Huawei, it's the company that makes majority of the chips your packets use to traverse networks outside of NATO nations. The markets that are currently growing the most. Also, inside NATO a lot of cross connections are also done by Intel themselves. Nvidia has a moat but Broadcom has nothing that justifies their sales pitches. I'm convinced they are doing creative accounting to move numbers around squeezing VMware customers to their silicone sales pitches. It's a public company that is run like a private equity firm. AVGO is not a tech company.

pka7

AVGO should be fine long term. Such an amazingly efficient company. Very well run. CRWV looks very dicey though lot of financial engineering in that one.

AxelFauley

Levels not since in AVGO since... Monday, when it went up 15% in a single day (1.7T company btw). Scary stuff!

ShittyUsernane1222

For quant algo's it does. It is the perfect shorting oppurtunity. see what they did to NVDA, AVGO and ORCL.

HHSBaller

You want to see a massive decline. Looked what happened to FRMI yesterday. Based on news that they lost 150 million in construction financing. Its not even a loss. Nothing had been advanced, just the potential tenant said they were no longer going to contribute 150 million to build the thing. 150 million was 1.33% of market cap and they were down almost 50% at one point trading at $7.67 before closing around $10. IPO was $21, analysts say buy. We will always need energy for AI or otherwords. Due your own DD, but Im in for the long haul on $FRMI. PS. Made a nice trade on 372.5 Puts yesterday on AVGO, so that was cool.

retarded-salami

Bought AVGO calls before close 💅🏻

prayash4prit

You would do good with AVGO

drummer820

Probably not worth responding to this based on your tone, but here we go: \- Denmark's GDP is around $400 billion, which is almost the same as was spent on data centers in the US this year. The comparison was to put perspective around just how enormous the CapEx is when it matches that of a wealthy OECD country \- Yes, the margins are terrible! This summer Oracle revealed it was making like 14% on its AI data center business (way below its older cloud business). That's on par with retail and other low margin businesses that don't require enormous CapEx. CoreWeave is massively underwater. Reporting by the Financial Times and others suggests OpenAI and Anthropic are hemorrhaging far more money than previously thought (which fits with their increasingly frequent fundraising and floating rumors of IPOs in 2026) \- Yes, AVGO's CEO made comments about margin compression in the earnings call, which freaked out investors. A lot of yesterday's pullback was also due to the worries about possible delays with Oracle's data centers (which also tanked CoreWeave after their Q3 report) \- It's funny to see AI bulls bring up P/E as a defense because they normally hand-wave away any concerns about the truly absurd P/Es of AI companies like Palantir or pre-revenue nuclear companies like OKLO that are hyped as a solution to the power crunch these AI companies face \- Ultimately, you don't have to take my word for it, I'm just some random guy on the internet. Maybe I'm wrong! But I'm not the only one with these concerns. In fact, the bond markets are also getting freaked out, and credit default swap (CDS) spreads for CoreWeave, Oracle, and others in the space are soaring, implying a rising concern about default on their debts

Necessary-Clothes-40

Hey boss, hope you're having a great weekend since when re you invested in AVGO? what's your target eoy? Best,

Spiralgrind

Don’t do it is actually good advice. However, I never get called anymore. I have a ton of experience trading calls on the short side. I’ve made hundreds of thousands. You have to have the experience and the feel to succeed. I couldn’t compete in baseball, but this is my game. I’m sure there are resources that could get a novice started, but expect to make costly mistakes before you turn to profitability. Rolling and timing are tricky, loaded with traps. I profited $15,500 on March AVGO calls Friday, buying them back, then sold 12 contracts for $2,300, of the 12/19/2025 395 Calls. The average per week of the March calls was $920, vs the $2,300. On rolling to March, I always roll extremely profitably, but there was a loss on the rolled contracts, about $4,000 out of the total $24,000 in premiums. So subtract about $286 from the $920 per week, and that was the left over weekly profit from the March calls, so $634. The hard part is deciding to roll early, the earlier, the better, if you must, and on a strong “greed” market day, early on. Buy back the old contracts, locking in your loss, minimizing the loss early. This is the dangerous part. I usually get a good read on market sentiment, but you never know what Macro factor might tank the market. So then I study the chain for the next month and the next quarter, grabbing as much premium as I can, wherever it may be, usually before 11:00AM, but sometimes as late as 3:30PM. It traps you on the market. You cannot take your eyes off the market, so it’s a serious transaction for folks who can stay on it. Picking strikes is the next subject. There’s enough out there already. Only experience matters at this point. Start with high strikes on the weeklies with exceed low deltas. Work your way into experience profitably. When you set a greedy strike, the pain of getting assigned and losing gain on the underlying, is the pain that makes you internalize the knowledge. That pain is experience.

famguy31

I think AVGO is a good company, there is a solid chance it is over priced and might have a better entry opportunity but you can always buy a little now etc. I like that AVgO is a dividend growth payer, I think in the long run it will yield a high return on cost.

SpongEWorTHiebOb

What is AVGO’s revenue recognition and pricing policies on TPUs? Does it differ by customer? What happened to its gross margin this past quarter?

Severe-Appointment40

Damn that's a solid entry at $155, respect for holding through all the noise The AI bubble talk is definitely getting louder but AVGO's fundamentals are still solid. VMware integration is going better than expected and the dividend yield at these levels is pretty attractive VRT's been on my watchlist too - that PEG ratio is tempting but the recent downgrade spooked some folks. Might wait for sub-$150 before I dive in

EquipmentFew882

If AVGO has a serious price drop -- I'm definitely buying shares in AVGO.. 👍

BleuBrink

Falling knife. Stocks rarely recover immediately after -12% in 1 day fall. AVGO actually breached below SMA50. Wait a bit before dipping in.

No_Thanks_3336

Personally I will be looking to buy AVGO at around $289 if it hits this level. If not I will not build on my position.

Spiralgrind

Thanks for that. I have no complaints on the price performance since April. I also don’t need anymore shares. It’s too large a part of my portfolio, and the options premiums are very good for covered calls. It’s such a well run company with growing partnerships with our greatest companies. The margins might go down a bit to continue collaborating with major customers, but I trust Hoc Tan isn’t leaving anything on the table. AVGO is a company you want in your portfolio. I got called out of most of my position in 2023, and it took a while before I could get back in. Then again in 2024, I sold half my position to boost my position in NVDA. But the last time I boosted my position was this last APRIL. I don’t see myself reducing my position until we get some huge macro downturn in the economy. Right now, 2026 looks decent. I do believe the FOMC will remain independent, and even better, we will have a better mix of economists debating forward looking vs backward looking data and adjustments to the FFR. Trump wants to be consulted, but in the end, it’s ONLY the FOMC votes that count. The White House will never control the 10-yr treasury yield. I think the administration gets that, even Trump. His jawboning is just a political tool, political noise.

GneissFrog

MU is up \~150% in 3 months for that exact reason. Everyone is aware of what has been going on with dram pricing, no one is doubting that. The issue is what the landscape looks like going forward. Can they ramp up production to better meet demand, will their competitors beat them to the punch, are they projecting any decline in future margins like AVGO, etc.

Putrid_Leg_1474

And then tank like AVGO. The sentiment on tech feels extremely negative. Even with positive earnings almost across the board. Lots of sector rotation. Me thinks the big players are running up profits on some lagging industries and creating some room for another tech run later. Clear out retail traders for a bit right now.

Commercial_Deer_7114

By simply regurgitating the same Vanguard marketing materials, you all are misinterpreting what diversification and other portfolio management techniques truly mean and imply. You definetly should include "moonshot" positions into your portfolio, at a low allocation %, because their co-variance can be such that it produces a more robust overall portfolio. Trully the level of NPC here is astounding, just a year ago the news were full of reports of how many people missed out on NVIDIA, PLTR, AVGO, etc because they were not included in the fund holdings of the mass-market slop-funds for the plebs. To say that you are guaranteed a fantastic outcome if you simply hand over your thinking brain and disposable income to Vanguard for 30 years is a lie. It is a savings strategy, where you swap out the underlying asset, a savings account, for equities.That is great if you are the marketing department at Vanguard, but it is not prudent or intelligent investing.

drigocien12

AVGO still dumping 😂😂😂

ispooler

Who bought AVGO calls right before close today?

PaperHandsTheDip

My concern is that it's mostly been priced in. You said it yourself - they're all running hard. With ORCL and AVGO this week I feel like investors are spooked for next week. Today was just the start of it. Dunno tho. Risks just seem high rn. I'd rather miss profits than take a loss

PaperHandsTheDip

I think it was you I told. I'm long NKE right now. MU I kinda want to play - but with ORCL and AVGO I feel like the entire AI sector is in for a beating next week. I don't wanna touch MU due to it's exposure...

College_finals

Same, I thought with the AVGO good earning, market will rally, but instead it crash. I mean SPY only went down 1%, but QQQ went down 2-3%. Brutal day

Coloradodreaming1

Yes. The rate cut was another sell the news moment especially since earnings and commentary from Oracle and AVGO following the rate decision were near certain to inflame concerns over the AI bubble and whether it can continue and at what cost, I.e how much corporate debt can be safely taken on by the likes of Oracle to fund the data center buildout and how much continued demand will there be for chips and hardware from the likes of Broadcom. Kind of like do we have too many RR lines being built by too many different companies at too great a cost for the ROI. Will the demand continue or come to an abrupt end?What companies will be sitting in the handful of chairs when the music stops?

itsnotshade

You managed to buy AVGO which is priced to grow multiples faster NVDA, CRWV which is a loss making data center trapped in the OpenAI circle, and a fake meat company. Amazing

g3tr1ghttt

Not sure why random comparison with Denmark, is there some tech revolution coming from that country we haven’t heard of? Why not comparing to Bermuda or Luxembourg? What are those terrible margins? Do retailers have better margins? And why Costco’s PE is higher than Oracle’s? Is that justified by Costco’s superior margins or surging revenue or else? AVGO just dropped an incredible ER and it tanked 16% from the last night’s top, was it due to contracting margin? And what the contraction was exactly? All this fearmongering doesn’t have substance because people jump on the hating bandwagon and prefer not to read and compare the numbers. And if you’re so sure, tell me about dot com vs current PEs and margins.

Sanjay26081962

A person with heart attack symptoms who was unaware of serious results of these i.e. turning into serious heart attack, types on AI his symptoms and seeks advise for probable disease, emergency treatment & some hospital/doctor near area of his residence. AI now even at the primary level, will tell him that you may be suffering from........& consult........., may take........tablet and will inform name / adress of consultants/hospitals. He saves his life by taking immediate HANDY AI suggestion. AI is a wonderful thing and now not a BUBBLE. Who fool is saying it ? Now the question of investing in stocks I will only say INVEST only on the basis of fundamentals, capacity to risk of you & your company in which you are going to invest, management, past record etc. How you can think that a CEO of a Bank can even analyze AI more than Elon Musk, Google, META, ORACLE,MU, LRCX, AVGO, NVDA etc. See, analyze fundamentals of each company either in AI or other than AI. Regards

CurveAhead69

AVGO high PE, fonder sold a bunch, but high margin.

Dinkmers

Before it was a push and pull between NVDA's GPUs and GOOGL/AVGO's TPUs and which would end up winning in the AI wars, but today the market was just like "eh, fuck em both"

Sanjay26081962

How AI can be bubble. My dear friends, it has already entered in our life. I am using it and now ready to pay for it. Enjoy AI. Take risk in any stock on the basis of its earnings growth & fundamentals. MU, TSLA, AVGO, LRCX, META, GOOGLE, MSFT, ORCL etc are big companies. These companies financials fundamentals are very strong and expenses on AI doesn't have much impact. AI is going in right direction, as per my opinion.

Upper-Discount5060

It’s tempting under $190 but I haven’t bitten yet. If it gets under $170 I’m in though for sure. AVGO was tempting today also.

Impossible-Fun2027

I stopped trading on equities that I had wash sale on end of Nov. In December, whatever left of my account, I bought GRNY and today just a call option ( 3 month expiry) on AVGO. I did not trade these two in 2025 before December. So I assume I am good for wash sale?

katrav86

This AVGO dip is hardly a dip if you look at how it was bid up the past couple of months on concepts of a prospective promise of a possible "change of paradigm." AVGO is still overpriced.

dangernext

CNBC was going with the “run it hot” narrative today essentially saying there would be rotation for tech to consumer cyclicals. Don’t buy into it, institutions will use u as exit liquidity in consumer cyclicals and put your exit liquidity into AVGO calls. Fuk you CNBC

retarded-salami

!banbet AVGO 380 10d

PalpitationSmooth992

AVGO was 135 at the beginning of the year thats almost 3x your strike and it hasnt even broken 300 yet

ConsiderationKey1658

Does AVGO bounce back some on Monday? It’s got to, right?

deepvalueresearch

Wanted to buy more AVGO but ran out of funds :D

Wise-Requirement2331

AVGO has a chance, but otherwise….

Slow-Information-847

stop buying NVDA, AVGO, start buying weed. What else can you do after AI lay you off?

meNriveBabylon

Wish I didn't have time to daily look at stocks like most people. I know someone she bought AVGO like 5 years ago she checks it maybe every couple of months.

DrummerCompetitive20

WTH AVGO with a triple beat and raise and it crashes 15% LOL

Which-Travel-1426

Considering the opportunity cost, why is buying ORCL dip better than AVGO dip?

TheRealArmament

Jeez what plays did you have must have been AVGO or ORCL

maikaubay

Buying AVGO

Impossible-Fun2027

AVGO 400 next week Sorry guys, drinking and dreaming

Impossible-Fun2027

#I bought call on falling AVGO thinking it is bottom. AMA

dangernext

Micron reports in Wednesday, any weakness there and we probably see further down trend in chips. NVDA 165, AVGO 330, GOOG 285

Born_Property_8933

The AI story is so broad, and the trend is so secular, that it doesn't matter what happened in last 24 hours. Even if all these stocks will fall by 50% from here on macro or sentiment, they are all going to come back and create new ATHs in the future. As an investor you just have to keep track of whether a stock has run too much or whether a company is leading the game or chasing it. AVGO is leading, ORCL is chasing it. Broadcom should be back to 410 within weeks. The market is suddenly reacting as if these stocks are on fire. No, they are good companies doing their business. \----- Let's consider something else. After this 10% drop AVGO is up 100% in last 1 year. There are roughly 240 trading days in a year. If you want your stock to never fall, and still be 100% up in a year, all you need is an increment of 0.28% every trading day. Since stocks go up more than 0.28% on a good day, it will also go down a lot more on a bad day. You have to buy them at a fair valuation and at least give them 2 years to move somewhere. Honestly, even a 50% return from here in 2 years is a great return on any stock. And I can say for certain that AVGO will be 600 in 2 years. You can't see a reason for not to be.

TomatoSpecialist6879

Funny you hold AVGO when Hock Tuah is infamous for making stellar numbers look redundant with his retarded conservative boomer earnings call speech. He HAD to say 'lower margins' next year for no reason.

Sure-Caterpillar-263

I grabbed some AVGO today

lizardwizard563412

Would’ve been all fine if it wasn’t for ORCL and AVGO shitting the bed

NomSaneMan

AVGO leaps does not equal peace

Flat-Focus7966

Jan 2027 Leaps for GOOG, NVDA, META, AVGO , NETFLIX, UNH And sleep peacefully

-Redditeer-

AVGO got scammed. Good earnings. Hock E Tan blew it though

callsonreddit

Turns out.. AVGO started the satan rally

Jumprdude

Oh don't get me wrong, these are great earnings. Definitely bullish for AVGO and even more for NVDA. But for AVGO the stock price just got a bit ahead of the fundamentals.

GneissFrog

Vol sellers came in hard, as expected for an FOMC week, but I thought they'd back off a bit after ORCL and AVGO dented the AI trade. Instead, they doubled down after the morning dip and kept all those put values suppressed. I suspect they won't buyback vol until later next week, which means I'll be sitting on UVIX and UVXY bags for a few more days :/

Average_TechSpec

My AVGO shares bled today... Yikers

zordonbyrd

For real. The skepticism around AI and AVGO today is extra bullish

Ok_Cry7572

So post their earnings, NVDA sold off AVGO sold off MSFT sold off META sold off PLTR sold off HOOD sold off

zordonbyrd

Buying opportunity. Retail dumb money, like a lot of it in here, doesn’t understand Broadcom or the implications of the quarter. It’s still not considered a Mag 7. I once said AVGO would reach 2 trillion before I’d consider selling. I’m moving that up to 3.

banditcleaner2

Brother take one look at the 6 month chart for AVGO and tell me its a buy at these prices.

Jumprdude

There's the consensus (in print) expectations, then there are the buy side expectations. Many times the stock runs up on the buy side expectations and people are surprised when they beat the consensus estimates and the stock goes down. In this particular case, AVGO has gone up so much so fast, based on not much more than sentiment, such that even after a 10% decline, it was still above its 50 DMA! In order to hang on to such fast gains, it would have to completely blow everyone away, not just "beat consensus expectations". I think MS put out a note that said that the $73B backlog meant \~$50B next year, which was what they had already modeled into the consensus. And some on the buy side were expecting as much as $80B. After the latest NVDA earnings report, which I thought would've been impressive beyond expectation, and the stock sold off 7% on top of already being down 10% from ATH, I think you have to conclude that market reaction is just to be cynical of these numbers.

banditcleaner2

AI converting this to paragraphs for anyone that needed it: AVGO's earnings report is out, showing revenue of $18 billion, a 28% increase, and net profit of $9.7 billion, a 39% increase. Both figures represent all-time highs, with AI chips being the absolute growth engine. EPS was a high $1.95, a 37% increase, and the gross profit margin was 68%. All the data significantly exceeded market expectations. However, the stock price performance was interesting, rising initially and then falling. It dropped 5% after hours yesterday. The reason is simple: the strong earnings report had already been priced into the market. AVGO's stock has already risen 80% this year, so today's earnings report was a "buy the rumor, sell the news" situation. While there's a logic of buying expectations, that logic isn't working here. In other words, the future performance guidance is weak. Specifically, Broadcom currently has $73 billion in backlogged orders to be delivered over the next six quarters. The company's top five customers are Google, Anthropic, Meta, Microsoft, and OpenAI. Anthropic accounts for $21 billion of the unfulfilled orders, while OpenAI only accounts for $1 billion. The remaining orders, approximately $51 billion, come from Google and other major customers, averaging only $8.5 billion per quarter. However, the company's guidance for the next quarter is already $8.2 billion, meaning there will be almost no growth in the next five quarters. The market will certainly think that the next five quarters will be mediocre, and more importantly, what happens after these orders are fulfilled? It's rumored that Google, their largest customer, has already partnered with MediaTek, and their collaboration with Marvell is also continuing. In other words, Broadcom's ASIC moat is not very high, unlike Nvidia, which makes general-purpose chips. Another problem is that Broadcom warned that the gross profit margin in Q1 of fiscal year 2026 will shrink by 1% due to AI products. Although the AI ​​business is growing rapidly, the cost of investment is high. This focus on scale rather than profit has become a key concern for the market, and it also raises concerns about whether the $73 billion in orders can be delivered on time, given the significant challenges in AI chip production and supply chain management, and the high concentration of major customers, with Anthropic alone contributing $21 billion in orders. The dependence is too high. The market demands both better-than-expected growth and guaranteed profits, but Broadcom only delivered on half of that, with the other half being completely uncertain. During the conference call, it was revealed that Google will become a key customer, while Broadcom stated that it doesn't expect significant revenue from OpenAI, a key player in the AI ​​technology chain. Following the earnings report, the stock price has already fallen by over 10%. Broadcom's AI business undoubtedly has explosive potential, but the key question the market is asking is whether they have the capacity to deliver on this surge in demand.

InformationMedium745

Dare you buy it? At least I dare to buy AVGO MU risk is too high

Agreeable_Factor_458

NVDA and AMZN actually down more than AVGO over the last 3 months. TSLA up 23%

wiisports101

MU has more upside this week, I’ll add onto AVGO leaps if it drops to 340, guidance was kinda shitty

InformationMedium745

Didn't you buy AVGO today?

fatuousfatwa

Micron reports Wednesday. $30 move possible. They will beat no question. But may pull an AVGO.

Sea-Orchid-7905

I agree, anyway I'll start downgrading AVGO, hopefully it'll drop more haha

Impressive-Bee-5183

Solid breakdown. The AVGO reaction was wild though - beats earnings, guides for basically 2x revenue, bumps the dividend... and sells off? Classic "buy the rumor sell the news" but that $73B backlog number spooked people. Market's basically saying "cool story, now prove it." Agree on the rotation thesis. Been watching money flow out of mega cap tech into financials and cyclicals for a couple weeks now. Banks are lowkey the play nobody wants to talk about because it's not sexy. Meanwhile everyone's still trying to catch falling knives in semis. Your SPY levels look right. That 687 level has been a magnet lately - we keep grinding back to it. Wouldn't be surprised if we just chop between 682-691 into year end while funds finish their window dressing. One thing I'd add - watch bond yields today. If 10Y pushes back toward 4.4% that'll put more pressure on growth/tech names regardless of individual company fundamentals. Rates still driving the bus more than people want to admit. The credit card upgrades feel like analyst year-end housekeeping tbh. V and MA are great businesses but the move yesterday was a bit much for just rating changes. GL out there 🤝

rioferdy838

some real fucking bullshit on AVGO today

Emergency_Style4515

AVGO is overpriced still now. P/E 75. Fair price is $120-150.

Plane-Research1843

Man was able deleverage eod on AVGO thanks to that lil spike ready for another dip 😤

chartreuse-color

so do I buy AVGO calls expiring next week? or save my $50 for some weekend ramen 🍜 …

Quixotus

Full porting into AVGO calls 1 min before the close.

EightFolding

Irrational market continues being irrational. These waves of fear continue to present great opportunities every time. Even Morningstar is saying "buy the dip" on AVGO and that people are missing the forest for the trees on this. (https://www.morningstar.com/stocks/broadcom-earnings-buy-dip-before-rocket-takes-off)

teamyg

Double down AVGO around 355.8, wow that dive.

Upstairs_Whole_580

Yeah, I manage my Fathers(well, parents) portfolio for them and I bought 5000 shares of AMD and 5000 of AVGO. Today I'm getting calls asking why AVGO is crashing. Like... dude, you got it at 145. It was up to 430 or whatever after hours, but this isn't "crashing." These stocks just feel like they're in that phase where more emphasis is going to be put on the actual earnings and now 3-5 year outlook(to the upside at least). I have no doubt when NVDA reports Q4, it's stock is going to rally and be back up over 200, maybe 215. It's down to a point where it is actually a good value.

Galaxy_AI

AVGO Bols must be in shambles

lurker165473

I'll buy AVGO at 330

Kickboy21

Lot of you fell for AVGO falling knife and it shows

drakilian

I bought a leap a few minutes ago just for funsies Tbh this is the lowest multiple I've evee seen AVGO trade at I'll probably buy a leap on every red day it has until it stops dumping.

LavishnessTimely7372

AVGO like a falling anvil