By Keithen Drury
Publication Date: 2026-06-15 13:00:00
When you hear about artificial intelligence (AI) chips, your mind instantly shifts to Nvidia or maybe even Advanced Micro Devices. These are two rock-solid options, but there is another that I think should be top of mind: Broadcom (AVGO +2.23%), a major player in the AI chip industry, even if most people don’t know anything about the company. Fortunately for investors, its stock is now on sale and looks to be a great opportunity.
Broadcom is now about 20% down from its all-time high, and with major chip demand coming in the next few years, its stock is sure to skyrocket back to new all-time highs.
Image source: Getty Images.
Broadcom is taking a different approach to AI chips
Companies like Nvidia and AMD champion their graphics processing units (GPUs) to clients as the best chips for AI clusters. GPUs can handle a wide variety of inputs and are very flexible for the tasks assigned to them.
But many AI companies have their training and inference workflows streamlined to a very…
