
When it comes to semiconductor giant Broadcom (NASDAQ: AVGO), investors and markets are overwhelmingly focused on its custom artificial intelligence (AI) chips, which makes sense. AI has been the definitively dominant topic in the market for many years now and is the main driver behind Broadcom’s soaring share price.
However, Broadcom is much more than a one-trick pony, having multiple avenues through which it can add value to shareholders. One is Broadcom’s thriving infrastructure software segment. It saw revenues grow by 25% in fiscal Q2 and 17% in fiscal Q3.