Over the past several weeks, semiconductor giant Broadcom (NASDAQ: AVGO) has entered rarified air, with its market capitalization eclipsing $2 trillion. Broadcom is now one of just six companies in the world in this territory, becoming more valuable than giants like Meta Platforms (NASDAQ: META) and Tesla (NASDAQ: TSLA).
Notably, shares fell below $300 in late March, a level not seen since September 2025. Broadcom has since rebounded mightily, closing at or above $430 multiple times in May. Overall, Broadcom shares are closing in on a 50% gain since March lows.
