Broadcom (NASDAQ: AVGO) is currently valued at $1.6 trillion and plays a key role in the semiconductor market, particularly as demand surges for data center infrastructure. The company achieved record revenues of $18 billion in Q4, marking a 28% increase year-over-year, and forecasts revenue of $19.1 billion for its fiscal Q1 2026. Analysts predict Broadcom could generate $97 billion in revenue for fiscal 2026, positioning it close to the requirements for a $3 trillion market cap, currently only held by four companies: Nvidia, Apple, Alphabet, and Microsoft.
Broadcom’s market opportunities extend beyond artificial intelligence (AI), providing a diverse range of products that includes networking, security, and mobile solutions. In fiscal 2022, AI-related revenue rose by 65% to $20 billion, yet still accounted for less than a third of its total $64 billion revenue. As the data center sector is expected to attract nearly $7 trillion in global capital expenditures by 2030, Broadcom is poised for continued growth, especially with its Application-Specific Integrated Circuits (ASICs), which are increasingly seen as alternatives to GPUs.
