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Will Broadcom Reach a Trillion-Dollar Market Cap by Next Year?
AVGOBroadcom(AVGO) The Motley Fool·2024-08-14 08:11

Artificial intelligence-related growth keeps surprising to the upside for Broadcom.The next $1 trillion company is likely to be one of the artificial intelligence winners, given the outsize growth possibilities of that sector relative to everything else in the economy.While much of the recent attention has gone to the "Magnificent Seven," semiconductor and software conglomerate Broadcom (AVGO 5.07%) has emerged as a key player in the AI races. With a lethal combination of AI-fueled hypergrowth, diversificat ...