Nvidia NVDA
AVGO NASDAQ Mega cap
How to buy Broadcom stock.
$393.05 -5.93% AVGO price as of August 15, 2026
Broadcom designs custom AI accelerators for Google (TPUs) and other hyperscalers, alongside high-speed networking silicon used in AI data centers. Its AI revenue has surged as Google scales Anthropic's training compute. Broadcom also benefits from the broader data center buildout through its networking and storage chip lines.
- Market cap
- $1.87T
- P/E ratio
- 65.3
- Revenue (TTM)
- $75.46B
- Revenue growth (YoY)
- +47.9%
- 52-week range
- $281.87 – $495.00
- Day range
- $388.50 – $412.50
- Volume
- 29.43M
- Analyst target
- $527.88
What Broadcom does.
Broadcom is two businesses in one: a diversified semiconductor maker and, since the 2023 VMware acquisition, a major infrastructure-software vendor. Its AI relevance comes from custom accelerators (XPUs) co-designed with hyperscalers, most notably Google's TPUs, plus the Ethernet switching and optical/networking silicon (Tomahawk, Jericho) that stitches GPU clusters together.
Broadcom's model is to partner with a small number of very large customers on high-value custom silicon rather than sell merchant GPUs. That makes it a leveraged play on hyperscaler capex without competing head-on with Nvidia on general-purpose accelerators. The VMware software arm adds large, recurring, high-margin revenue that smooths the semiconductor cycle.
Business segments
- Semiconductor Solutions
Custom AI accelerators, networking, broadband, and wireless chips.
- Infrastructure Software
VMware, mainframe, and enterprise software.
Key products
Custom AI XPUs (incl. Google TPU)Tomahawk / Jericho Ethernet switchesOptical & PAM4 DSP networkingVMware Cloud Foundation
Why Broadcom is an AI stock.
Google's TPUs, which power a significant share of Anthropic's training runs, are co-developed with Broadcom. This gives Broadcom a direct line into frontier AI compute spending. Its networking chips (used in Ethernet and InfiniBand fabrics that connect GPU clusters) are also seeing strong demand as AI clusters scale.
Broadcom is in the AI chip designers category. The GPUs and custom accelerators that train and serve every frontier AI model. Chip designers sit at the center of the AI hardware stack.
Broadcom in the AI ecosystem.
How Broadcom connects to the rest of the AI supply chain: the companies it buys from, sells to, partners with, and competes against.
Key suppliers
- TSMC Fabricates Broadcom's custom silicon.
Major customers
- Alphabet (Google) Co-develops TPUs with Broadcom.
- Meta Custom-accelerator and networking customer.
Broadcom financials.
Key figures below are drawn from Broadcom's most recent reporting (latest quarter ending April 30, 2026). Market cap, revenue, and analyst target are shown in the stats above.
| EPS (diluted, TTM) | $6.02 |
|---|---|
| Forward P/E | 22.6 |
| Gross profit (TTM) | $57.57B |
| Profit margin | 38.9% |
| Operating margin | 49.0% |
| Dividend yield | 0.6% |
| Beta | 1.47 |
| Shares outstanding | 4.76B |
Fundamentals sourced from Alpha Vantage, last refreshed August 15, 2026. Figures are for information only, not investment advice.
How to buy Broadcom (AVGO) step by step.
- Choose a broker. Broadcom trades on the NASDAQ under the ticker AVGO. Any broker with access to NASDAQ can execute the trade.
- Open and fund an account. Most brokers take 5-15 minutes to open an account. You will need to verify your identity. Minimum investments vary by broker.
- Search for AVGO. Once funded, search for the ticker symbol AVGO in your broker's platform and confirm you are looking at NASDAQ.
- Place your order. Select the number of shares or a dollar amount. Many brokers offer fractional shares from as little as $1. Review any fees before confirming.
- Monitor your position. Broadcom's share price will move with broader market conditions and AI sector news. Use stop-loss orders if you want to limit downside.
Key facts.
| Ticker | AVGO |
|---|---|
| Exchange | NASDAQ |
| Category | AI chip designers |
| Market cap size | Mega cap |
| Sector | TECHNOLOGY · SEMICONDUCTORS |
| Founded | 1991 |
| Headquarters | Palo Alto, California |
| CEO | Hock Tan |
| Employees | ~37,000 |
| Fiscal year end | October |
Broadcom in the news
See all →- SMCI's $14B Cash Gap, AMD-Taalas Close, SpaceX Lock-Up
- Nvidia's $3B Lancium Bet, Palantir's 93% Growth Doubted
- Anthropic Builds Chips, Meta AI Hacks, Nvidia Eyes Aug. 26
- Samsung's $200B Broadcom Deal, Intel's AI Lift: July 25
- SpaceX Hits All-Time Low; Intel-Google Chip AI Deal
- SpaceX in Nasdaq 100, SK Hynix's $28B Record Debut
- Microsoft Upgraded, Broadcom Slides, Korean Chips Rattle
- Palantir, TSMC, and China's Nvidia Challengers: July 6
Frequently asked questions.
Is Broadcom an AI stock?
Yes. Broadcom earns from custom AI chips (Google TPUs), data center networking silicon, and a fast-growing AI revenue stream. AI is now its fastest-growing segment.