By Harsh Chauhan
Publication Date: 2025-11-29 17:00:00
Key Points
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This company saw outstanding growth in revenue and earnings thanks to a favorable demand-supply environment.
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It can be bought at an incredibly cheap valuation right now, despite clocking triple-digit gains this year.
- 10 stocks we like better than Micron Technology ›
Broadcom (NASDAQ: AVGO) is one of the key players in the market for artificial intelligence (AI) chips. The company designs and sells custom processors that help hyperscalers lower the operating costs of their data centers. Not surprisingly, the market will be paying attention to the chip designer when it reports fiscal 2025 fourth-quarter results on Dec. 11.
The company has built a solid customer base that includes the likes of OpenAI, Meta Platforms, and Alphabet. Broadcom has seen healthy growth in its AI revenue in recent quarters, a trend that’s likely to continue in the future given its sizable addressable market.
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