By Marc Guberti
Publication Date: 2025-12-30 22:57:00
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Broadcom (NASDAQ:AVGO) isn’t a member of the Magnificent Seven, but it’s now tussling with those same companies for the largest market cap. The AI chipmaker surpassed Tesla (NASDAQ:TSLA) to become the 7th largest publicly traded corporation, and it’s poised to move further up in the rankings. Meta Platforms (NASDAQ:META) is an easy candidate since Broadcom briefly had a higher market cap than Facebook’s parent company this year. However, Broadcom also has a chance to exceed Amazon’s (NASDAQ:AMZN) market cap in 2026. These are some of the reasons Broadcom should continue to build on its success.
Broadcom Is At The Center Of The AI Boom
Broadcom is a key player in artificial intelligence and works with big tech companies. AI has been the hottest industry due to its wide-ranging possibilities. AI models like ChatGPT demonstrated how quickly AI products and services can gain momentum and translate into tangible…