AVGO#258
Thesis
AVGO launched AI XPV platform with APO and BX to deploy 20GW+ AI compute by 2028. $35B tranche backs Anthropic's 1GW+ buildout using Broadcom NICs.
🐂 Bull Case
- Revenue growing 48% YoY — fundamental momentum intact
- Strong gross margins at 76% — pricing power and efficiency
🐻 Bear Case
- High P/E of 64.4 — stretched valuation, limited margin of safety
- Price below SMA50 ($401.9) — short-term trend weakening
🚫 Invalidation
Close below $356.0 (SMA200) on above-average volume
Break Conditions
- Close below $356.0 (SMA200) on above-average volume
- Earnings miss >10% on revenue with declining forward guidance
Price Tracking
| Label | Ticker | Price | Recorded |
|---|---|---|---|
| t+3d | AVGO | $383.13 | 2026-06-11 18:36:15 |
Metadata
T0 Price: $388.62
Created: 2026-06-09 18:33:41
Scored: 2026-06-09T18:35:17.805396+00:00
Updated: 2026-06-11T18:36:15.295246+00:00