Broadcom Inc. (AVGO)

Broadcom's stock has gained over 90% in the past year and 94.76% in the past six months. Key events impacting the stock include the completion of the VMware acquisition in November 2023, which significantly boosted Broadcom's infrastructure software segment. Broadcom reported record revenue of $15.952 billion in Q3 Fiscal Year 2025, a 22% increase year-over-year, with AI semiconductor revenue surging 63%. A multi-year strategic collaboration with OpenAI to co-develop custom AI accelerators was announced, causing Broadcom's shares to jump approximately 10%. Broadcom announced the shipment of its Tomahawk 6 Ethernet switch, the Jericho 4 Ethernet fabric router, the Thor Ultra 800G AI Ethernet Network Interface Card (NIC), and Wi-Fi 8 silicon solutions.

Historically, the fourth quarter has been a strong period for semiconductor stocks, with average returns ranging between 7% and 10.5% since 2010. November and December are traditionally among the strongest months for the S&P 500, which further supports the potential for a semiconductor stock rebound.

Broadcom Inc. is a multinational technology company specializing in semiconductor and infrastructure software products. It operates through two segments: Semiconductor Solutions (58% of 2024 revenue) and Infrastructure Software (42% of 2024 revenue). The Semiconductor Solutions segment offers products for data centers, networking, broadband, wireless, storage, and industrial markets, including custom ASICs for AI workloads. The Infrastructure Software segment provides enterprise software solutions for IT operations, security, and cloud platforms.

Broadcom Inc. is a global technology leader with its headquarters in Palo Alto, California. The company has a worldwide presence, with the Americas region accounting for 31.36% of its total revenue in the third quarter of fiscal year 2025.

Broadcom's brand reputation has been positively influenced by its strategic moves and strong performance in high-growth sectors. The VMware acquisition and the collaboration with OpenAI have boosted the company's stock and cemented its leadership in AI infrastructure. While CEO Hock Tan's management style and the company's aggressive M&A strategy have been subjects of discussion, Broadcom's robust financial performance and pivotal role in the AI market have largely contributed to a strong brand perception.

Approximately 76.43% to 76.54% of Broadcom's stock is held by institutional investors and hedge funds, including Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors also hold a portion of the company's stock.