Broadcom
Broadcom (AVGO) is a global semiconductor and infrastructure software conglomerate that designs chips for data centers, networking, broadband, and wireless communications. Its 2023 acquisition of VMware transformed Broadcom into a diversified technology giant with deep exposure to cloud computing, virtualization, and AI networking. Investors prize Broadcom for its exceptional free cash flow generation, disciplined capital allocation, and growing role as a key AI infrastructure supplier.