Reported 5 months ago
The article discusses the paradigm shift in the world's most valuable companies, highlighting the dominance of technology firms like Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta Platforms. It suggests that Broadcom, with a market cap of around $650 billion, could potentially join this elite group due to its position in the semiconductor industry and the growing demand for artificial intelligence (AI) products. The company's diverse portfolio of products related to AI, networking, cloud computing, and cybersecurity, along with its expected revenue growth and strong position in the AI revolution, could propel it to a $1 trillion market cap by 2028, or possibly sooner.
Source: YAHOO