The stock of chipmaker Broadcom could increase by more than 20% thanks to what appears to be a growing relationship with Apple, according to Barron’s.
Broadcom’s BRCM chips take up more space in Apple’s new iPhone 7, which is likely to be a sales success, the report said. The same increased semiconductor use will likely be true for the next model of iPhone in 2017, it added, citing a stock analyst.
