Broadcom’s AI Surge Sparks Talk of Replacing Tesla in Magnificent Seven
Broadcom’s AI-fueled rise puts it in line to replace Tesla in the Magnificent Seven.
Summary:
Broadcom’s stock has soared 340% since 2023, driven by a massive AI revenue boom. Now valued at $1.2 trillion, it's surpassed Tesla and is poised to join the tech elite.
Key Points:
- Broadcom's Q2 2025 AI revenue hit $4.4B — up 46% YoY.
- Market cap now exceeds $1.2T, overtaking Tesla and Berkshire Hathaway.
- Projected AI chip revenue for Q3 is $5.1B — a 60% YoY increase.
Why it matters:
Broadcom is becoming a cornerstone of the AI infrastructure economy, reflecting a shift in tech market leadership. Its rise signals a broader reconfiguration of the tech hierarchy, as Tesla loses momentum.
Source Link:
Broadcom Enters the Chat: Wall Street Weighs Magnificent Seven Status - Wall Street Pit
Broadcom Inc. (AVGO) has surged 340% since 2023, reaching a $1.2 trillion market cap, driven by AI-related chip and networking businesses, positioning it as a potential Magnificent Seven member. Analyst estimates project Broadcom’s sales to grow 22% in fiscal 2025 and 21% in 2026, second only to Nvidia (NVDA), while…
Ari Haruni
Broadcom enters the big leagues — Wall Street debates its place among the Magnificent Seven as AI revenue and market cap soar.
