Broadcom

Broadcom Inc. is a global semiconductor and infrastructure software company that designs chips and systems for networking, storage, broadband, and enterprise applications. Operating as a fabless chip designer, it develops its own silicon but relies on third-party foundries for fabrication.

Broadcom has emerged as a key, if lower-profile, beneficiary of the artificial intelligence infrastructure boom. The company supplies specialized networking chips and custom application-specific integrated circuits (ASICs) to major cloud providers and hyperscalers expanding their AI data center capacity. This positioning has driven its stock meaningfully higher over the past year, outpacing much of the broader semiconductor sector. Analysts increasingly compare Broadcom with rivals such as Marvell Technology when assessing which chip designer is best placed to capture AI infrastructure spending.

Beyond semiconductors, Broadcom has diversified into enterprise software through a series of large acquisitions, most recently the purchase of VMware, adding substantial recurring software revenue alongside its hardware business. That combination of AI-era chip demand and a growing software portfolio makes Broadcom one of the more diversified — and closely watched — companies across the technology sector.