By Fahad Saleem
Publication Date: 2026-04-06 15:01:00
We just covered the
10 Best Stocks to Buy According to Billionaire Ken Griffin. Broadcom Inc. (NASDAQ:AVGO) ranks #6 (see the 5 Best Stocks to Buy According to Ken Griffin).
Ken Griffin’s Stake Value: $1,336,485,916
Broadcom (NASDAQ:AVGO) will benefit enormously from the market shift to custom AI chips as companies want to cut costs and reliance on Nvidia. In the custom chips segment, Broadcom (NASDAQ:AVGO) has a dominant market share of over 70%, with its closest rival Marvell eyeing only about 20% market share.
Broadcom’s (NASDAQ:AVGO) Tomahawk 5 and Jericho chips are becoming the industry standard for connecting thousands of AI GPUs, which has resulted in a new revenue stream. Broadcom (NASDAQ:AVGO) is aggressively moving VMware’s customer base to a subscription-only model. This is expected to drive double-digit revenue growth in the software segment as legacy perpetual licenses are phased out.
Emerald Wealth Partners Focused Equity Strategy in its Q4…
/Broadcom%20Inc%20HQ%20photo-by%20Sundry%20Photogrpahy%20via%20iStock.jpg?ssl=1 "Is Broadcom Stock Outperforming the S&P 500?")