Google partnership lifts Broadcom to fresh all-time highs

Broadcom shares hit record highs after renewed optimism around its AI partnership with Google, which Morgan Stanley estimates will include 1.8 million TPUs produced in 2025. Goldman Sachs boosted its price target, expecting AI revenue to exceed prior 100% growth forecasts. The stock has erased its recent tech-sell-off losses and is up 73% year-to-date.