Key Points Broadcom’s AI business is growing far faster than its infrastructure software and general-purpose semiconductor solutions segments. Anthropic and OpenAI could surpass Alphabet and Meta Platforms as Broadcom’s largest AI customers. Broadcom is a great way to bet on increased compute demand from frontier AI models. 10 stocks we like better than Broadcom › Broadcom (NASDAQ: AVGO) has emerged as one of the most well-rounded artificial intelligence (AI) stocks on the market. The company has a booming custom-chip and AI-networking business. It makes application-specific integrated circuits (ASICs) for hyperscalers like Alphabet , which achieve cost and efficiency advantages as scale.
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