JPMorgan reveals what it expects from Broadcom in the coming years

On Tuesday, investment bank JPMorgan published a report presenting the results of a recent investor meeting hosted by Broadcom. At the meeting, Broadcom's management highlighted significant growth opportunities in artificial intelligence (AI) and their core semiconductor business.

Growth opportunities in AI

Key Broadcom $AVGOexecutives participated in the meeting , including President and CEO Hock Tan, Semiconductor Solutions Group Division President Charlie Kawwas, and Head of IR Ji Yoo. These executives provided deep insight into the future direction of the company.

Analysts from JPMorgan $JPM provided several key takeaways from the meeting. They highlighted that Broadcom continues to show strong year-over-year trends in bookings for its non-AI semiconductor business, which continued in the quarter ending in July. This is complemented by sustained growth in AI orders, indicating robust demand across the entire spectrum of their products.