2 - engine business model
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Broadcom Stock: The Backlog Fortress - Operating Leverage Decoupling (NASDAQ:AVGO)
Seeking Alphaยท 2025-12-17 04:53
Core Argument - Broadcom Inc. (AVGO) is assigned a Buy rating based on its dual-engine business model, which includes the commercialization of XPUs and the VMware backlog [1] Business Model - The first engine of Broadcom's business model is the accelerating commercialization of XPUs, indicating a strong growth potential in this area [1] - The second engine is the VMware backlog, which suggests a robust pipeline of future revenue opportunities [1]