JPMorgan Pushes Back on Broadcom (AVGO) Delay Fears and Says the TPU v9 Program Is Firmly on Schedule

Abdul Rahman

Mon, June 29, 2026 astatine 6:58 AM CDT 2 min read

Broadcom Inc. (NASDAQ:AVGO) is one of the champion maturation stocks to bargain according to billionaire Dan Loeb. On June 17, JPMorgan expert Harlan Sur reiterated an Overweight standing and a $580 terms people connected Broadcom Inc. (NASDAQ:AVGO). Sur utilized the accidental to propulsion backmost against increasing marketplace fears that Broadcom's AI spot task with Google had deed superior roadblocks.

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According to the analyst, the interest arose from reports suggesting delays successful Broadcom's TPU v9 2nm spot program. The spot is simply a next-generation artificial-intelligence accelerator being developed for Google. Sur recovered those fears to beryllium unfounded, stating that the TPU v9 programme remains 1 of Broadcom's highest-priority projects. The task is besides firmly connected docket for a 2028 accumulation ramp, with nary delays oregon cancellations confirmed, Sur stated.

For context, Broadcom completed the archetypal IP plan signifier successful the archetypal fractional of 2025 and moved into afloat system-on-chip plan successful the 2nd half. The spot features 4 compute dies, 16 High Bandwidth Memory stacks, and 400Gbps SERDES. This operation aims to grip the tremendous information demands of next-generation AI workloads.

The expert noted that adjacent earlier the v9 communicative plays out, Broadcom's TPU v8i 3nm spot received afloat qualification from Google by mid-2025 and is acceptable to statesman accumulation ramping this quarter. In contrast, Google's interior spot team, which is moving alongside MediaTek connected the rival Zebrafish TPU v8t 3nm program, is inactive successful the plan optimization phase. This gap, the expert said, translates to an 18-month caput commencement for Broadcom.

Broadcom Inc. (NASDAQ:AVGO) is simply a semiconductor and infrastructure bundle company. It designs, develops, and supplies a scope of semiconductor devices for information halfway networking, broadband, wireless, and retention markets, and provides mainframe and cybersecurity bundle solutions.

While we admit the imaginable of AVGO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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