Broadcom Inc. has received multiple target price increases from major financial institutions following its latest earnings report. Barclays raised its target price for Broadcom to $265 from $215, maintaining an Overweight rating, while Citigroup increased its target price to $285 from $276, maintaining a Buy rating. The upgrades are attributed to strong demand for AI custom silicon, stabilization in non-core markets, and expectations that AI growth will boost Broadcom's revenues by 60% in fiscal years 2025 and 2026. For the second quarter, Broadcom reported earnings per share of $1.58 and record revenue of $15 billion, a 20% increase from the previous year. Net income reached $4.97 billion, more than double the prior year's figure. The company provided guidance for next quarter revenue of $15.8 billion. Despite these results, Broadcom's stock declined over 3% on valuation concerns, though it remains up 12% year-to-date. In the AI segment, Broadcom reported AI revenue of $4.4 billion for the previous quarter, with expectations for AI revenue to grow to $5.1 billion in the current quarter. The company's hyperscale partners include Amazon Web Services, Microsoft, and Google. Broadcom's software segment generated $6.6 billion in revenue for the quarter, up 25% year-over-year. Advanced Micro Devices (AMD) also saw its target price raised by Citigroup to $120 from $100, maintaining a Neutral rating, and by Cantor Fitzgerald to $140 from $120, maintaining an Overweight rating. The upgrades reflect momentum in AMD's AI business, particularly with the MI350/MI400 cycle and anticipated developments at the June 12th Advancing AI event. Morgan Stanley raised Oracle's target price to $175 from $160. Mizuho downgraded Chewy to Neutral from Outperform, while raising its price target to $47 from $43.