Could Investing $50,000 in Broadcom Stock Make You a Millionaire?

A $50,000 investment in Broadcom (NASDAQ: AVGO) 10 years ago would be worth about $1.1 million today (excluding dividends). That’s roughly a 35% annualized return, and repeating that feat over the next decade is a tall order.

Still, it’s possible if the artificial intelligence (AI) boom keeps pushing data center spending higher and Broadcom continues to win a meaningful share of that budget.

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Investors buying shares today are looking for a 20-fold return to turn a $50,000 investment into $1 million. It might seem unrealistic for a company with a $1.6 trillion market cap, but when you look at what’s happening with Broadcom’s business and the AI spending cycle, it’s not that far-fetched a goal.

First, Broadcom has…