Broadcom’s 15.93 P/S Ratio Sparks Overvaluation Debate as TSMC Plans $52–56B Capex
Stanley Druckenmiller reduced his Broadcom stake in Q3 by selling shares while the stock trades at a 15.93 P/S multiple, exceeding its peers. Complementing valuation concerns, TSMC reported 26% y/y revenue growth to $33.7B and plans $52–56B capex, likely easing AI chip supply constraints for Broadcom.
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