AVGO has staged a strong +5.99% single-session recovery from the $359 low, confirming technical support and signaling exhaustion of the recent ~25% drawdown from June peaks. The Apple-Broadcom partnership extension through 2031 and the OpenAI 'Jalapeño' custom chip collaboration with Broadcom validate the structural AI custom silicon thesis at precisely the moment the stock has been technically oversold, making the current $373.90 entry an attractive mean-reversion opportunity back toward the $415 peak zone. With sovereign AI infrastructure spending accelerating globally and hyperscaler capex commitments intact, the fundamental backdrop supports a recovery toward prior highs over the next 2-3 months.