Broadcom (AVGO -2.59%) has been on a monster run over the past year, rising more than 100% since the start of 2024. This rise has propelled it into an exclusive club: the $1 trillion club. While this group is starting to grow, there are still only 11 companies worldwide that exceed the $1 trillion threshold.
Many of these companies are heavily involved in the artificial intelligence (AI) arms race, and Broadcom is no exception. With massive AI spending…
Article Source
https://www.fool.com/investing/2025/02/25/is-this-dominant-1-trillion-ai-company-primed-to-s/