Broadcom just got fresh analyst coverage and the take is pretty interesting. They're calling it Sector Perform—basically saying the upside from AI strength is real, but you've gotta price in what the stock is already trading at. The firm's positioning it as a balanced play: solid positioning in AI-driven demand, yet valuation metrics aren't exactly screaming "bargain." So if you're eyeing chip plays, this is worth factoring into your thesis.