Broadcom stock dropped 14-15% after Q2 earnings despite 48% revenue growth and 143% AI chip surge. Most analysts raised price targets, calling it a buy.

Broadcom's AI chip sales are growing rapidly, with a projected $40 billion in revenue this fiscal year and a $73 billion backlog.

June 3 : Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition in the custom semiconductor market hurt gains from its AI…