Broadcom Joins Trillion-Dollar Club as AI Revenue Soars 220%
Broadcom (AVGO) has entered the trillion-dollar valuation tier after a two-day rally, joining the ranks of Apple, Amazon, Microsoft, and Nvidia. The semiconductor giant’s surge follows a 220% year-over-year increase in AI-related revenue, igniting investor enthusiasm.
Wall Street’s lexicon is evolving: the ‘Magnificent 7’ now expands to ‘BATMMAAN’—Broadcom, Amazon, Tesla, Meta, Microsoft, Apple, Alphabet, and Nvidia. This cohort collectively commands $19 trillion in market value, united by aggressive AI investments across hardware and software ecosystems.
While not a pure-play AI firm, Broadcom’s networking chips power the infrastructure behind large language models. Its ascent mirrors Nvidia’s trajectory, suggesting investors are betting on the entire AI supply chain.