Industry Overview - The data center GPU market is projected to grow from a value of $23.87 billion in 2024 to $201.64 billion by 2032, reflecting a compound annual growth rate (CAGR) of 30.5% [1] Company Insights - Broadcom (NASDAQ: AVGO) is a leading producer of custom chips for AI, specializing in application-specific integrated circuits (ASICs) [2] - Broadcom has demonstrated significant growth, with a full-year revenue increase of 24% year over year for 2025 and a net income rise of 42% [3] - The average annual return for Broadcom's stock has been impressive, with returns of 77.73% over the past 3 years, 47.96% over the past 5 years, and 38.94% over the past 10 years [3] Investment Potential - A hypothetical investment of $1,000 in Broadcom growing at 25% annually could yield approximately $9,300 after 10 years and nearly $87,000 after 20 years [4] - Regular annual investments of $1,000 in Broadcom at the same growth rate could result in a total of $345,000 after 20 years [4] - Broadcom's current forward-looking price-to-earnings (P/E) ratio is 34, which is considered reasonable given its double-digit growth [4] - The company also offers a dividend yield of 0.8%, with expectations for future increases in payouts [4] Strategic Considerations - Investing in Broadcom is viewed as a reasonable long-term strategy for wealth creation in a portfolio [5] - However, it is noted that Broadcom was not included in a list of the 10 best stocks identified by the Motley Fool Stock Advisor analyst team for current investment opportunities [7]