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Will Broadcom Be a Trillion-Dollar Stock by 2030?
AVGOBroadcom(AVGO) The Motley Fool·2024-01-15 17:24

Many investors might think of Broadcom (AVGO 0.70%) as a dusty slow-growth chipmaker like Texas Instruments. However, Broadcom has gone through several major transformations since its founding in 1991, and it has outperformed a lot of other tech stocks over the past eight years.On Feb. 1, 2016, Singapore's Avago Technologies closed its acquisition of the original Broadcom and adopted the American chipmaker's name. Two years later, the "new" Broadcom moved its headquarters from Singapore back to America. Its ...