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Barchart
Barchart
Sohini Mondal

UNCOVERED: Broadcom stock is avgo outperforming the technology sector - The Untold Story

AVGO Broadcom XLK

With a market cap of $1.1 trillion, Broadcom Inc. (AVGO) is a leading global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions. Its products power applications across enterprise and data center networking, broadband access, smartphones, industrial systems, and cybersecurity.

Companies valued over $200 billion are generally described as “mega-cap” stocks, and Broadcom fits right into that category. Broadcom operates through two main segments - Semiconductor Solutions and Infrastructure Software and its offerings include advanced system-on-chips, RF components, connectivity solutions, and cybersecurity products under the Symantec brand.

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