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Will Broadcom Be Worth More Than Apple by 2040?
AVGOBroadcom(AVGO) fool.com·2024-05-30 08:00

The diversified chipmaker is still expanding rapidly.Broadcom's (AVGO -1.54%) stock has soared about 1,900% over the past 10 years. The chipmaker, which was known as Avago until it bought the original Broadcom in 2016, impressed investors with its robust growth and bold acquisitions.With a market cap of 650billion,Broadcomisnowoneofthemostvaluablechipmakersintheworld.However,itsstillmuchsmallerthanitstopcustomer,Apple(NASDAQ:AAPL),whichhasamarketcapof650 billion, Broadcom is now one of the most valuable chipmakers in the world. However, it's still much smaller than its top customer, Apple (NASDAQ: AAPL), which has a market cap of 2.9 trillion. Let's se ...