Broadcom Gains as Wells Fargo Upgrades Before TSMC’s 26% Growth and 37% Capex Hike
Stanley Druckenmiller sold Broadcom shares in Q3 to buy Sandisk, which has returned 1,000% since early 2025. Wells Fargo upgraded Broadcom ahead of TSMC’s report showing 26% year-over-year revenue growth to $33.7 billion and a 37% capex increase, underscoring strong AI chip demand.
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