By Fahad Saleem
Publication Date: 2026-06-12 14:02:00
We just covered Harvard University Stock Portfolio 2026: Top 10 Picks. Broadcom (NASDAQ:AVGO) ranks #6 (see Harvard University Stock Portfolio 2026: Top 5 Picks).
Harvard’s Stake: $146,681,741
Broadcom (NASDAQ:AVGO) is up roughly 48% over the past year, yet bulls believe there is still meaningful upside ahead. The core reason is simple: the custom AI chip industry is booming as hyperscalers seek lower-cost, purpose-built alternatives to off-the-shelf GPUs — and Broadcom dominates this space. CEO Hock Tan stated earlier this year that the company has clear visibility to AI revenue from chips alone exceeding $100 billion in 2027, providing a rare and concrete long-term anchor for investors.
What makes Broadcom’s (NASDAQ:AVGO) position particularly defensible is its web of locked-in, multi-year hyperscaler partnerships. Meta extended its partnership through 2029 to co-develop multiple generations of its custom AI training and inference chips…
