Broadcom has surged 120% from April lows and delivered about 500% returns over three years through a strategic pivot into artificial intelligence and data-center infrastructure. The company commands roughly 70% of the custom AI chip market, supplying hyperscale customers such as Google and Meta. Custom AI semiconductors and networking solutions have driven substantial data-center demand. The $69 billion acquisition of VMware has nearly tripled infrastructure software revenue and broadened Broadcom into a full-stack AI and infrastructure provider. Wall Street sentiment is predominantly bullish with many analysts assigning 'Strong Buy' ratings and elevated price targets ahead of fiscal third-quarter results.
( BroadcomNASDAQ:AVGO) has been a standout performer, soaring 120% from its April lows and delivering an astonishing 500% return over the past three years. This meteoric rise is fueled by Broadcom's strategic pivot into artificial intelligence (AI), particularly in data centers, where its custom AI chips and networking solutions are in high demand. The company reportedly ( controls around 70% of the custom AI chip market , serving hyperscale clients like major tech giants Google and Meta PlatformsNASDAQ:META) building AI infrastructure.
Broadcom's $69 billion acquisition of VMware has also bolstered its infrastructure software segment, nearly tripling revenue in that division. With a market cap nearing $1.4 trillion, Broadcom is no longer just a chipmaker but a full-stack AI and infrastructure powerhouse. As AVGO prepares to report its fiscal third-quarter earnings on Thursday, Sept. 4, investors face a critical question: Should they buy before the report or wait?
Collection
[
|
...
]