Broadcom Inc. (NASDAQ: AVGO) designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor-based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.

finviz dynamic chart for AVGO

Company Overview

  • Market Cap: 651.867 Billion
  • PE Ratio: 52.35
  • EPS: 26.87
  • Dividend Yield: 1.49%
  • Average Analyst Rating: 2.0 Buy rating (10 Strong Buy; 17 Buy; 1 Hold)

Broadcom Inc. is considered to be an undervalued giant in the AI space today since the company’s chips are essential for generative AI networking infrastructure. It is based in San Jose, California. In total, 72 hedge funds held stakes in Broadcom Inc. in the first quarter. Their total stake value was $3.5 billion. Therefore, Broadcom is the best AI semiconductor stock to own for long-term investors.

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