AVGO Stock Recent News

The price of many artificial intelligence (AI) stocks has dropped since the beginning of the year, creating a buying opportunity for investors looking to benefit from one of the largest tech trends in years.

Nvidia (NVDA 1.74%) has dominated the artificial intelligence (AI) computing hardware game for the entirety of the AI arms race, but there's one company aiming to change that: Broadcom (AVGO 3.50%). While Nvidia's graphics processing units (GPUs) are best-in-class, Broadcom is looking to challenge Nvidia with something different: custom AI accelerators, which it calls XPUs.

AVGO CLIMBS OVER 6 POINTS AFTER SIGNAL FROM TRADEPULSE

The marketwide correction was fueled by the hefty selling of artificial intelligence (AI) stocks. However, I think most of that selling is over, and it's time to start considering which stocks are primed for a strong bull run.

Broadcom (AVGO 3.50%) stock has delivered impressive returns to investors in the past five years. An investment of $1,000 made in mid-March 2020 would have grown into a holding worth more than $8,300 thanks to robust demand for the company's chips, which are deployed in a host of applications ranging from smartphones to data centers to cloud computing to broadband to storage, among others.

Only seven American companies are worth $1 trillion or more, so it's an ultra-exclusive club. But getting there is only half the battle, because investors can be unforgiving during times of uncertainty.

Broadcom's revenue from Apple may decline due to Apple's shift to in-house WiFi chips, impacting 33.6% of Apple-related revenue but only 4.3% of total revenue by 2025. Broadcom's RF chip business with Apple remains strong, contributing 65% of Apple-related revenue, but faces competition from Qualcomm and Skyworks. Apple's $500 billion investment in AI infrastructure presents a significant opportunity for Broadcom, potentially generating $12.5 billion annually from AI server chips by 2028.

Despite ongoing losses in 2025, semiconductor giant Broadcom (NASDAQ: AVGO) is giving long-term investors a reason to stay optimistic, thanks to its continued commitment to dividend payouts.

The Nasdaq, an index that led overall stock market gains over the past two years, has done just the opposite over the past few weeks. The tech-heavy benchmark fell into correction territory, dropping more than 10% from its most recent peak on Dec. 16.

VMware Explore on Tour to be Newly Held in Frankfurt, London, Mumbai, Paris, Sydney and Tokyo in Fall 2025 PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced highlights and new program elements of VMware Explore(R) 2025, an essential cloud event for IT professionals.