Broadcom

AVGO

Market cap $1.9T

Alphabet has shifted the narrative to being one of the most important AI companies on the planet. Broadcom has a huge opportunity with custom AI chips.

Broadcom is well positioned to witness a multiyear AI ramp-up, driven by solid demand for its XPUs from hyperscalers and AI labs. The company's multiyear partnership with Alphabet has improved its visibility on Wall Street.

AWS is a mission-critical player in the global AI infrastructure buildout, backed by massive multiyear AI deals and $200 billion-plus backlog. Broadcom is seeing a dramatic increase in demand for its custom silicon and networking components from hyperscalers and AI labs.

Selling options can generate 12-15% annual income but requires discipline, risk management, and due diligence. We explain why selling cash-covered puts and covered calls is a relatively safe choice for earning a high income. We will discuss how to formulate a sustainable and repeatable income strategy for options.

The demand for semiconductors and related technology for AI data centers has surged in recent years. Broadcom's vast assortment of chips and infrastructure products is helping fuel the AI boom.

Broadcom Inc. (AVGO) closed the most recent trading day at $402.96, moving +1.36% from the previous trading session.

@Stockstotrade's Tim Bohen says his fundamental market view hasn't changed: tech is here to stay and the underlying support for fundamentals are intact. As for today's Big 3, he points to a growing quantum opportunity in GigaCloud Technology (GCT), Broadcom (AVGO) recapturing bullish momentum amid a shaky A.I.

The demand for AI computing hardware isn't slowing down. Nvidia's best-in-class GPUs are drawing tons of demand.

AVGO rides strong AI chip demand and VMware momentum, with custom accelerators and networking products fueling standout growth.

Broadcom's edge goes beyond the fact that custom accelerators are often multiples cheaper than Nvidia's GPUs for inference tasks – it's that custom silicon is increasingly performant with each generation. Q3 revenue was $15.95 billion, beating estimates for $15.82 billion, and reflecting top line growth of 22% YoY and 6.3% QoQ. Broadcom converted 44% of revenue into free cash flow, placing it among the top-tier semiconductor companies for cash generation.