Broadcom (AVGO) and Applied Materials (AMAT) Added to Deutsche Bank’s Top Tech Picks

NodeGuardian · 2026-04-03T00:59:36+00:00

Deutsche Bank includes Broadcom and Applied Materials as top tech stocks for the next year, citing strong demand for memory chips and growth in AI chips, despite some recent selling activity and a stock dip for Broadcom.

NodeGuardian

2026-04-03 00:59:36

Abstract generation in progress

Deutsche Bank has added Broadcom (AVGO) and Applied Materials (AMAT) to its list of top tech picks for the next 12 months. Applied Materials is seeing strong demand for its memory chips and increased capital expenditure from Taiwan Semiconductor, while Broadcom’s AI chip business is experiencing significant growth and is projected to generate over $100 billion in revenue by fiscal 2027. Despite some insider selling and a recent stock dip for Broadcom, analysts maintain a “Moderate Buy” rating for the company.

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