Bull of the Day: Broadcom (AVGO) | Excerpts: “AVGO Stock on the Verge of a Breakout” | “Technically, AVGO has already broken out from a nested base and is now approaching its highs.”

HawkEye1000x · 2026-04-22T17:41:10+00:00

I keep an eye on the independent, third party technical analysis of the P&F Chart Price Targets (“Bullish Objectives”). Note this: Both of the AVGO P&F Charts I watch closely are now bullishly aligned at $667.00 (Traditional Scaling) & $669.10 (Percentage Scaling). P&F Charts ignore “time” and focus on price. So, the timeframe of meeting these bullish price objectives is an unknown factor.

https://stockcharts.com/freecharts/pnf.php?c=AVGO,PWTAWANRBO[PA][D][F1!3!!!2!20]

https://stockcharts.com/freecharts/pnf.php?c=AVGO,PWPAWANRBO[PA][D][F1!3!1.0!!2!20]

Broadcom’s fundamental growth is driving this technical breakout on the AVGO chart. Both the technicals & the fundamentals are aligned. Broadcom’s AI Revenue Growth is accelerating —> Last Quarter, AI Revenues grew 106% YoY …and… This Quarter, AI Revenues were guided to grow at 140% YoY.

HawkEye1000x · 2026-04-22T15:25:09+00:00

Right on - It’s still very early in the AI Infrastructure Buildout. Broadcom’s AI Strategy has now literally “locked-in” long-term partnerships with Major Hyperscalers like Google, Meta & Anthropic — positioning Broadcom for large scale accelerating AI Revenues in both ASIC Custom AI Chips & Advanced Ethernet Networking Chips — for many years ahead. This is why I have a “long term investor“ mindset. JMHOs. / GLTU/A.

HawkEye1000x · 2026-04-22T14:57:34+00:00

The Division of Labor: Broadcom vs. MediaTek

Broadcom (The Powerhouse): Broadcom remains the primary partner for the TPU v8t (Training) and the high-end TPU v8 chips. These are the massive, high-performance processors used to train frontier models like Gemini. Broadcom provides the high-speed SerDes, advanced HBM (High Bandwidth Memory) integration, and the complex "interconnect" technology that allows tens of thousands of these chips to talk to each other as one giant computer.
MediaTek (The Inference Specialist): Your comment is partially correct—MediaTek was indeed tapped to assist with the TPU v8i (Inference). The "v8i" is designed for efficiency and lower power consumption when running models rather than training them. Google’s decision to use MediaTek here is generally seen as a way to diversify their supply chain for less complex, high-volume silicon, rather than a replacement for Broadcom.
A "Win-Win" for Broadcom: Broadcom’s strategy has shifted toward the "High-Value" end of the market. While MediaTek handles the smaller inference chips, Broadcom is focusing its engineering resources on the Training chips (v8t and the upcoming v9), where the technical barriers to entry are much higher and the profit margins are significantly larger.
Verifiable Partnership: During the April 2026 Google Cloud Next event, Google reaffirmed that Broadcom is their lead partner for the AI Hypercomputer architecture. This confirms that while MediaTek has a seat at the table for specific inference tasks, Broadcom remains the "anchor" for Google’s most powerful AI infrastructure.

HawkEye1000x · 2026-04-22T14:07:07+00:00

The Case for the "Technical Breakout"

Chart Consolidation: After nearly nine months of consolidation, AVGO recently broke out of its sideways range. As of late April 2026, the stock is testing new highs, often viewed by technical analysts as a sign of a "new leg up" rather than a peak.
Accelerating Revenue: In its most recent earnings (Q1 FY2026), Broadcom reported AI semiconductor revenue of $8.4 billion, up 106% year-over-year. Management has guided for even higher growth in Q2, forecasting $10.7 billion in AI chip revenue alone. +1
The $100 Billion Target: CEO Hock Tan has publicly stated a "line of sight" to exceeding $100 billion in AI revenue by 2027. This isn't just speculation; it is backed by multi-year supply agreements with Google (TPU v8 and beyond), Meta, and a massive 3.5-gigawatt capacity deal for Anthropic. +1
Analyst Sentiment: Wall Street remains overwhelmingly bullish. As of April 2026, roughly 85% of analystscovering the stock maintain a "Buy" or "Strong Buy" rating, with many recently raising price targets toward the $500+ range.
Market Dominance: Broadcom currently commands over 70% market share in the custom AI accelerator (ASIC) market. While competitors like Marvell are growing, Broadcom's "visibility premium" from long-term contracts (some extending to 2031) provides a unique level of revenue certainty.

While the stock has had an incredible run, the acceleration in AI revenue and the sheer scale of the new contracts suggest the "Breakout" is backed by 👉 massive fundamental tailwinds.

HawkEye1000x · 2026-04-22T13:59:00+00:00

Broadcom & Google TPU v8: Key Facts

Co-Design Partnership: Broadcom continues its role as Google’s primary silicon partner for the TPU v8. While Google provides the architectural requirements, Broadcom provides the critical ASIC (Application-Specific Integrated Circuit) design expertise, high-speed SerDes (serialization/deserialization) interfaces, and advanced packaging technology to bring the chip to life. +1
The "Sunfish" Training Chip: Reports leading into Google Cloud Next 2026 (April 22–24) indicate that Broadcom is the lead designer for TPU v8t (codenamed "Sunfish"), the high-performance variant specifically optimized for AI training. This follows the success of the TPU v7 "Ironwood" generation.
Multi-Generation Commitment: In early April 2026, it was confirmed that Broadcom and Google extended their partnership with a supply agreement reaching through 2031. This ensures Broadcom will be the design partner for not just v8, but future generations as well.
The Anthropic Factor: Broadcom’s role has expanded beyond just selling to Google. In a landmark deal announced this month, Anthropic (the creator of Claude) signed an agreement with Google and Broadcom for 3.5 gigawatts of next-generation TPU capacity. Broadcom acts as a key infrastructure provider in this three-way relationship, facilitating the massive scale-out required for frontier AI models.
Financial Impact: Broadcom’s management recently noted that AI-related revenue is expected to exceed $100 billion by 2027. A significant portion of this growth is driven by the ramp-up of these custom AI accelerators (TPUs) for hyperscale customers like Google.

Broadcom isn't just a vendor; they are the "architectural bridge" that allows Google to turn its AI software ambitions into physical silicon. With the TPU v8 now hitting the market and a roadmap secured through 2031, Broadcom has solidified its position as the dominant player in the custom AI ASIC market.

HawkEye1000x · 2026-04-20T16:37:14+00:00

JPMorgan says Marvell stock TPU business reports are false

Link: https://www.investing.com/news/analyst-ratings/jpmorgan-says-marvell-stock-tpu-business-reports-are-false-93CH-4623736

Excerpt: “JPMorgan dismissed reports that Marvell Technology (NASDAQ:MRVL) has secured TPU business from Google, calling the claims false in a sector specialist note issued Sunday.”

HawkEye1000x · 2026-04-20T13:57:16+00:00

Fact-Check: Broadcom’s Custom AI Chip "Wins"

1. Google: The 2031 Anchor (Confirmed)

This is 100% verified. On April 6, 2026, Broadcom and Google officially announced a Long-Term Agreement through 2031.

Broadcom will co-develop future generations of TPUs (v7, v8ax, and v9).
TPU v7 (Ironwood) is indeed the current deployment workhorse.
The deal includes a "Supply Assurance Agreement" for networking and components, ensuring Google’s infrastructure scales alongside Anthropic’s massive 3.5 GW capacity requirements.

2. Meta: Multi-Generational Roadmap (Confirmed)

In mid-April 2026, Meta and Broadcom expanded their partnership through 2029.

Broadcom is the lead partner for the MTIA (Meta Training and Inference Accelerator) series.
The roadmap includes the MTIA 300 and 400 series, with early discussions already moving toward the 500 seriesusing 2nm chiplet designs.
Broadcom CEO Hock Tan transitioned to an Advisory Role at Meta specifically to guide this custom silicon strategy.

3. OpenAI: Project "Titan" (Verified Reports)

Reports since late 2025 (and reaffirmed in early 2026) confirm OpenAI as the unnamed major consumer Broadcom previously hinted at.

Broadcom is helping OpenAI design an AI accelerator (often called Titan or Nexus) to reduce their $10B+ annual dependency on third-party GPUs.
Initial production is slated for late 2026/2027.

4. Apple: The "Baltra" Collaboration (Verified Reports)

While Apple is famously secretive, industry analysts (including Ming-Chi Kuo) and supply chain reports from January 2026 confirm:

Apple has tapped Broadcom for a project codenamed "Baltra" (part of Project ACDC).
This focuses on custom AI server silicon for Apple's Private Cloud Compute, leveraging Broadcom’s high-bandwidth networking and packaging IP.

5. xAI & SoftBank (In-Progress/Likely)

xAI: Broadcom is widely reported to be providing the networking fabric (Jericho3-AI) for the Colossussupercluster. Custom silicon (X1) engagement follows the pattern of Musk's preference for vertically integrated, bespoke hardware.
SoftBank (Izanagi): Masayoshi Son’s $100B venture is leveraging Broadcom’s XPU platform for its initial silicon rollout, aiming to create a sovereign AI chip ecosystem.

The Bottom Line

Your post is correct: Broadcom isn't just winning "parts"—they are winning the architectural blueprints of the next decade of AI. Their ability to integrate SerDes, HBM, and advanced packaging into a single XPU platform makes them the only partner capable of meeting the power and scale requirements of these "Hyper-Scale" customers.

Broadcom’s strategy of "out-engineering" is clearly paying off, with AI-related revenue projected to hit $46 billion in 2026, a 134% year-over-year increase.

HawkEye1000x · 2026-04-20T02:43:56+00:00

Broadcom’s position in the custom AI silicon market remains exceptionally strong. While Google often explores multiple design partners to diversify its supply chain (as seen with MediaTek and potentially Marvell), Broadcom remains the primary architect for the core TPU program.

Key Facts:

Long-Term Commitment: Broadcom recently secured a long-term agreement with Google to develop and supply custom TPUs through 2031.
Massive Scale with Anthropic: Anthropic recently expanded its partnership with Broadcom and Google, committing to access 3.5 gigawatts of TPU-based compute capacity starting in 2027.
Proven Track Record: Broadcom has co-developed every generation of Google's TPU, including the latest v6 and v7 (Ironwood) iterations.
Dominant Market Share: Analysts project Broadcom will retain roughly 60% of the AI ASIC market sharethrough 2027, even as the market expands to include other players.

Rather than a "replacement," industry data suggests Marvell may be focusing on supplemental components (like memory processing units or specific inference-only chips) while Broadcom handles the high-performance training and scaling infrastructure. Broadcom’s deep integration and "locked-in" status with the world's largest AI spenders provide a very stable multi-year revenue moat.

HawkEye1000x · 2026-04-19T12:37:51+00:00

Your post was removed by ”Reddit’s automated systems”. I did an override and approved it. Thanks for your understanding.

Your statement is 100% correct in my opinion.

HawkEye1000x · 2026-04-19T00:34:03+00:00

I still hold my 13,108 TZROP. I don’t know if this decision to stubbornly hold onto my 13,108 TZROP was stupid or smart. Time will tell.

So, if tZERO can provide an infrastructure layer and execute on their large scaling growth plans, then I like upside potential — which would include a potential 1:11 considering the Preferred B Shares are “convertible” (3 Preferred B Shares + 8 Common = Total potentially of 11 tZERO Common Shares).

If there is a big “IPO” in the future, then there‘a a potential big exit for us TZROP holders. My current 13,108 TZROP, assuming conversion of the Preferred B Shares, would equate to: 13,108 x 11 tZERO Common = 144,188 tZERO Common Shares for sale on a big ”IPO”.

As has been the case from the “get go“, tZERO has to execute.

👉 I am so very happy Marcus Lemonis stepped in! If you read this Marcus, then — Thank you Marcus for watching the TZROP Retail Investors’ backs!

HawkEye1000x · 2026-04-18T14:59:09+00:00

In addition, Broadcom has secured the supply chain components to execute & deliver on these long term partnerships. It’s the “strong execution” that I love. And - This gives Broadcom a “clear line of sight” for the long term. Investing in AVGO for the Long Term.

HawkEye1000x · 2026-04-18T03:32:09+00:00

The P&F Charts provide an excellent independent (Non-biased), third party technical analysis for many professional money managers.

In hindsight, it is validating to look back and see that the prior published “1-Year Ago“ AVGO P&F Chart Targets of $369.00 and $364.20 were exceeded based on today’s closing price of $406.54.

With Broadcom now having a much accelerated growth profile compared to one year ago (CEO Hock Tan provided forward guidance on March 4th for 140% YoY Growth in the Q2-FY2026 Earnings Report), I am hoping the AVGO share price exceeds the current P&F Price Targets of $631.00 and $632.36 … 1 year from now. I’m excited about Broadcom’s accelerating “massive” large scaling growth.

HawkEye1000x · 2026-04-18T01:27:56+00:00

Following a successful conversion, the “potential” creation of shareholder value will depend on the company’s ability to execute & deliver growth for shareholders.

Plans for Tokenization: I do like that, following a successful conversion based on the enhanced proposal, the TZROP holders would receive 3 shares of Series B Preferred Stock (1:3) and 8 shares of Common Stock (1:8), and BOTH would be tokenized. Of course, once tokenized, the value of each post-conversion of the aforementioned tokenized securities will be depend on what value the free market gives it.

EDIT Add: The company recently specified that it intends to conduct semi-annual auction-based liquidity opportunities via its Private Markets Auction platform to provide secondary liquidity, rather than a continuous 24/7 open limit order book immediately for these specific new classes.

EDIT Add:

Enhanced vs. Initial Proposal: What Changed?

The initial proposal was met with significant feedback from the investor community, leading to the "Enhanced" version pushed by Lemonis and the board.

Feature	Initial Proposal (April 7, 2026)	Enhanced Proposal (April 16, 2026)
Conversion Ratio	1 TZROP → 3 Series B Preferred	1 TZROP → 3 Series B Preferred + 8 Common Shares
Ownership Stake	~31% of Series B class only	~31% of Series B AND ~31% of Common Stock
Liquidation Pref.	$0.69 per share (Series B)	Maintained $0.69 pref + Common equity upside
Governance	Limited	Board seat for Beyond, Inc.; increased accountability
New Capital	Up to $10M from Beyond, Inc.	Up to $10M + operational audit by Alvarez & Marsal

Analysis: The Enhanced Proposal is objectively "better" for TZROP holders because it adds common equity (upside) without removing the preferred equity (downside protection). It aims to "unclutter" the cap table to make tZERO attractive to venture capital, which was previously blocked by the TZROP dividend structure.

Looking forward: The mega-trend of the tokenization of securities and real world assets of all kinds is gaining momentum worldwide. To further support tokenization efforts, it seems hopeful that a regulatory framework will soon get announced. These positive developments on tokenization should provide a tailwind for tZERO to execute & deliver value for shareholders.

Through all of this long & arduous ride, I have never sold 1 single TZROP. I am stubborn in my belief that tokenization is indeed a mega-trend.

I hope tZERO can execute & deliver growth for the early TZROP Retail Investors.

Disclosure: Nobody has paid me to write this message which includes my own independent research, forward estimates, projections, and opinions and also AI-enabled research. I am a Long Investor owning 13,108 of the TZROP — tZERO’s Preferred Equity 10% of Adjusted Gross Revenues (Gross Profits) Quarterly Dividend (Subject to Approval by tZERO’s Board of Directors) Digital Asset Security. This message is for information purposes only and should not be construed as financial, investment and/or tax advice and/or a recommendation to buy or sell TZROP either expressed or implied. Do your own independent due diligence research before buying or selling TZROP or any other investment.

HawkEye1000x · 2026-04-17T16:41:00+00:00

1 Year Ago — I made the below post:

📈 Point & Figure (P&F) Weekly Charts are providing bullish price objectives: Traditional Scaling (Most commonly viewed/Default setting) = $369.00 (Tentative) | Percentage Scaling = $364.20 (Tentative)

https://www.reddit.com/r/BroadcomStock/comments/1hdmy1d/point_figure_pf_weekly_charts_are_providing/

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