Cathie Wood Just Bet $26 Million on Broadcom Stock. Should You Buy AVGO Too?

Cathie Wood Just Bet  Million on Broadcom Stock. Should You Buy AVGO Too?

By Ruchi Gupta
Publication Date: 2026-01-30 17:33:00

Image of Cathie Wood via Wikimedia Commons

Broadcom (AVGO) powers the digital world with cutting-edge semiconductors and software. The company produces chips for data centers, networking, broadband, wireless devices, and infrastructural solutions connecting everything from your smartphone to massive cloud systems. Key products include Wi-Fi chips, Ethernet switches, optical transceivers, and custom controllers, fueling AI growth and high-speed connectivity.

Founded in 1991, Broadcom is headquartered in Palo Alto, California, with operations spanning across 25 countries.

Broadcom Stock Performance

AVGO stock trades around $325 levels and faces short-term headwinds amid broader market dips. Over the past five days, it has risen 4%, against the S&P 500 Information Technology Index’s ($SRIT) flat performance. The one-month performance shows AVGO…