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Barchart
Barchart
Ruchi Gupta

Cathie Wood Just Bet $26 Million on Broadcom Stock. Should You Buy AVGO Too?

Broadcom (AVGO) powers the digital world with cutting-edge semiconductors and software. The company produces chips for data centers, networking, broadband, wireless devices, and infrastructural solutions connecting everything from your smartphone to massive cloud systems. Key products include Wi-Fi chips, Ethernet switches, optical transceivers, and custom controllers, fueling AI growth and high-speed connectivity.

Founded in 1991, Broadcom is headquartered in Palo Alto, California, with operations spanning across 25 countries.

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