Broadcom: The Upcoming Member of the $1 Trillion Club

Reported 8 months ago

Over the past two decades, the world's most valuable companies have shifted from industrial and oil businesses to tech giants. Companies like Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta lead the market. Broadcom, with a market cap of $851 billion, is on track to join this elite group. Providing critical semiconductor technology for AI infrastructure, Broadcom's revenue growth suggests it could reach a $1 trillion market cap by 2026. With recent strong results and a 10-for-1 stock split announcement, Broadcom's position in the AI revolution positions it well for future success.

Source: YAHOO

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