Broadcom Inc. (AVGO)

NASDAQ: AVGO · Real-Time Price · USD
381.24
+1.09 (0.29%)
Jun 24, 2026, 2:23 PM EDT - Market open
Market Cap1.81T +56.2%
Revenue (ttm)75.47B +32.3%
Net Income29.32B +127.0%
EPS6.01 +124.6%
Shares Out 4.76B
PE Ratio63.27
Forward PE24.14
Dividend$2.60 (0.68%)
Ex-Dividend DateJun 22, 2026
Volume15,638,909
Open386.62
Previous Close380.15
Day's Range379.21 - 388.74
52-Week Range258.77 - 495.00
Beta1.43
AnalystsStrong Buy
Price Target523.84 (+37.4%)
Earnings DateJun 3, 2026

About AVGO

Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software. The company offers networking connectivity, such as custom silicon solutions, ethernet switching & routing, ethernet NIC controllers, physical layer devices, and fiber optic components; wireless device connectivity, including RF semiconductor devices, connectivity solutions, custom touch controllers, and inductive charging ASI... [Read more]

Sector Technology
IPO Date Aug 6, 2009
Employees 33,000
Stock Exchange NASDAQ
Ticker Symbol AVGO
Full Company Profile

Financial Performance

In fiscal year 2025, Broadcom's revenue was $63.89 billion, an increase of 23.87% compared to the previous year's $51.57 billion. Earnings were $23.13 billion, an increase of 292.30%.

Financial Statements

Analyst Summary

According to 48 analysts, the average rating for AVGO stock is "Strong Buy." The 12-month stock price target is $523.84, which is an increase of 37.40% from the latest price.

Price Target
$523.84
(37.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

OpenAI Unveils First Custom AI Chip With Broadcom | Bloomberg Tech 6/24/2026

Bloomberg's Ed Ludlow takes a look at OpenAI's first custom AI chip, called Jalapeno, developed in partnership with Broadcom. Plus, SK Hynix is planning to raise $29 billion in a landmark US listing.

47 minutes ago - Bloomberg Technology

Broadcom unveils a custom chip for OpenAI as it challenges Nvidia's dominance

The custom chip is designed to support the ChatGPT maker's future AI models and products.

3 hours ago - Market Watch

OpenAI President Greg Brockman on new chip: This is a real performance improvement

OpenAI President Greg Brockman and Broadcom CEO Hock Tan join CNBC's 'Squawk on the Street' to discuss the unveiling of their debut custom chip, Jalapeño, whether they see AI as a bubble, demand for c...

3 hours ago - CNBC Television

OpenAI unveils first custom AI inference chip, Jalapeño, with Broadcom — and its development was sped-up with OpenAI's own models

OpenAI and Broadcom this morning unveiled their first custom AI accelerator chip named "Jalapeño," positioning it is as a purpose-built processor for large language model (LLM) inference, rather than ...

3 hours ago - VentureBeat

Broadcom Stock (AVGO) Pops 2% as OpenAI Drops First-Ever Custom AI Chip

Shares of Broadcom ($AVGO), a semiconductor tech firm, climbed about 2% on Wednesday after OpenAI, the creator of ChatGPT, launched Jalapeño, its first custom artificial intelligence (AI) chip. The ne...

Other symbols: NVDA
3 hours ago - TipRanks

OpenAI, Broadcom Develop Custom Chip for AI Inference

The chip, called Jalapeño, was built to improve efficiency and lower costs, advancing OpenAI's strategy to build out a full stack behind its models and products.

3 hours ago - WSJ

OpenAI unveils its first custom chip, built by Broadcom

On Wednesday, OpenAI unveiled its first custom-built inference processor, designed and manufactured in collaboration with Broadcom. Named Jalapeño, the new processor was designed specifically for the ...

3 hours ago - TechCrunch

OpenAI Enters the Custom-Chip Race Alongside Broadcom

OpenAI introduced its Jalapeño AI inference chip, developed with Broadcom silicon and Celestica rack technology, as the ChatGPT maker pushes deeper into custom hardware.

3 hours ago - Barrons

OpenAI, Broadcom Develop AI Chip Called 'Jalapeno'

OpenAI and Broadcom Inc. have developed a custom artificial intelligence chip called Jalapeno. OpenAI is now testing the samples.

3 hours ago - Bloomberg Markets and Finance

Broadcom, OpenAI unveil ‘Jalapeno’ LLM-optimized intelligence processor

OpenAI and Broadcom (AVGO) unveiled Jalapeno, OpenAI’s first Intelligence Processor, which the companies call “an accelerator architected around OpenAI’s vision for the future of LLM inference, and th...

5 hours ago - TheFly

OpenAI unveils first chip as part of Broadcom deal in effort to 'build the full stack'

Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño. The companies are calling it an "Intelligence Processor" and describe it as the...

5 hours ago - CNBC

OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructure

OpenAI showed ​off the company's first custom artificial intelligence chip designed in conjunction with Broadcom on Wednesday, as it ‌seeks to speed its development of its infrastructure.

5 hours ago - Reuters

OpenAI and Broadcom Unveil LLM-Optimized Intelligence Processor

Built from the ground up for current and future LLMs across the industry Developed from design to production in nine months, accelerated by OpenAI's models Will deliver performance per watt better tha...

5 hours ago - GlobeNewsWire

‘This Overlooked AI Growth Story Is Far From Over,’ Says Top Analyst Stacy Rasgon

Artificial intelligence has lifted chip stocks over the past two years. Nvidia ($NVDA), Advanced Micro Devices ($AMD), and Broadcom ($AVGO) have all gained from soaring demand for AI hardware. However...

Other symbols: AMDJCINVDANVTTT
7 hours ago - TipRanks

Broadcom or Intel: One AI Chip Stock Is a Buy, the Other Is All Hype, Says Top Investor

The spending spigots remain open, as the mad rush for AI compute power continues at full blast. And that’s been a godsend for many of the companies providing the hardware…

Other symbols: INTC
18 hours ago - TipRanks

Nvidia, AMD, Broadcom Fall as Tech Selloff Catches Up With Chips

Nvidia stock was sliding amid a widespread chip-sector selloff but it was holding up better than some of its peers.

Other symbols: AMDNVDA
1 day ago - Barrons

Apollo President Jim Zelter on leading $35 billion financing on Broadcom

Apollo Global Management President Jim Zelter joins CNBC's 'Squawk on the Street' to discuss the firm's role in leading a $35 billion financing for Broadcom's AI platform to support Anthropic's comput...

Other symbols: APO
2 days ago - CNBC Television

U.S. Chess Champion Goes AI With New Nebius and Broadcom Picks

U.S. chess champion Hikaru Nakamura has made two new purchases as part of his TipRanks investment portfolio. On June 18, Hikaru bought Nebius Group ($NBIS) and Broadcom ($AVGO) shares. What…

Other symbols: AMZNNBIS
2 days ago - TipRanks

Tech Growth? Believe Me, I'm Looking

“Try adding some tech growth to your portfolio.” That was a suggestion I received last week.

Other symbols: AMDIBMINTCNVDAOSPNPLTR
4 days ago - ETF Trends

Broadcom stock rises as debt buyback expands and AI outlook stays strong

Shares of Broadcom climbed on Thursday after the semiconductor company expanded its debt repurchase program and received renewed support from Wall Street analysts who remain optimistic about its long-...

6 days ago - Invezz

Broadcom Inc. Announces Results and Upsize of Offers to Purchase for Cash Certain of its Outstanding Debt Securities

PALO ALTO, Calif., June 17, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) ("Broadcom") today announced the expiration and results of its previously announced cash tender offers (collectively, the ...

6 days ago - PRNewsWire

Broadcom Inc. Announces Pricing Terms of Offers to Purchase for Cash Certain of its Outstanding Debt Securities

PALO ALTO, Calif., June 17, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) ("Broadcom") today announced the pricing terms of its previously announced cash tender offers (collectively, the "Offers")...

7 days ago - PRNewsWire

Why It Is Time to Stop Buying Chip Stocks

Sales and profit estimates for chip companies have moved higher, valuations have expanded—and volatility is picking up. What to do.

Other symbols: AMDMUSMHSOXXWDC
7 days ago - Barrons

Broadcom stock rises as JPMorgan backs AI growth, sees 54% upside

Broadcom (AVGO) shares moved higher on Wednesday as investors returned to semiconductor stocks and analysts at JPMorgan reiterated their bullish outlook on the chipmaker. The bank argued that the mark...

7 days ago - Invezz

Broadcom Stock Is Down in June. J.P. Morgan Says Would Be ‘Aggressive Buyers at Current Levels.

Broadcom stock is down this month after issuing so-so guidance. J.P. Morgan says the market continues to underestimate the semiconductor and software company.

7 days ago - Barrons