Broadcom Inc. (AVGO)
| Market Cap | 1.81T +56.2% |
| Revenue (ttm) | 75.47B +32.3% |
| Net Income | 29.32B +127.0% |
| EPS | 6.01 +124.6% |
| Shares Out | 4.76B |
| PE Ratio | 63.27 |
| Forward PE | 24.14 |
| Dividend | $2.60 (0.68%) |
| Ex-Dividend Date | Jun 22, 2026 |
| Volume | 15,638,909 |
| Open | 386.62 |
| Previous Close | 380.15 |
| Day's Range | 379.21 - 388.74 |
| 52-Week Range | 258.77 - 495.00 |
| Beta | 1.43 |
| Analysts | Strong Buy |
| Price Target | 523.84 (+37.4%) |
| Earnings Date | Jun 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]
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 StatementsAnalyst 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.
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 $29 billion in a landmark US listing.
Broadcom unveils a custom chip for OpenAI as it challenges Nvidia's dominance
The custom chip is designed to support the ChatGPT maker's future AI models and products.
OpenAI President Greg Brockman on new chip: This is a real performance improvement
OpenAI President Greg Brockman and Broadcom CEO Hock Tan join CNBC's 'Squawk on the Street' to discuss the unveiling of their debut custom chip, Jalapeño, whether they see AI as a bubble, demand for c...
OpenAI unveils first custom AI inference chip, Jalapeño, with Broadcom — and its development was sped-up with OpenAI's own models
OpenAI and Broadcom this morning unveiled their first custom AI accelerator chip named "Jalapeño," positioning it is as a purpose-built processor for large language model (LLM) inference, rather than ...
Broadcom Stock (AVGO) Pops 2% as OpenAI Drops First-Ever Custom AI Chip
Shares of Broadcom ($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...
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.
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 ...
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.
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.
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...
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...
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.
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...
‘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...
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…
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.
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 $35 billion financing for Broadcom's AI platform to support Anthropic's comput...
U.S. Chess Champion Goes AI With New Nebius and Broadcom Picks
U.S. chess champion Hikaru Nakamura has made two new purchases as part of his TipRanks investment portfolio. On June 18, Hikaru bought Nebius Group ($NBIS) and Broadcom ($AVGO) shares. What…
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-...
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 ...
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")...
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...
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.