TradingKey – Broadcom (AVGO) has a very attractive investment formula for the year 2026. U.S. equity markets continue to provide high levels of durable earnings and the major growth driver in technology capital expenditures and investor interest is still Artificial Intelligence (AI).

Estimates claim that major AI companies are likely to spend multiple hundreds of billions of dollars this year, thus continuing the chip “supercycle” where companies need to purchase not only the chips used for training GPUs but also custom chips, custom accelerators and rapidly moving, large amounts of data in real time.

In this environment, Broadcom has emerged as a key provider of AI infrastructure and whether or not Broadcom can reach a valuation of…