Broadcom (AVGO) has a market capitalization of about $1.70 trillion in 2026, the 8th most valuable company in the world. It first crossed $1 trillion on December 13, 2024, when the stock jumped about 24% in a single day on strong AI revenue guidance, its best trading day on record. Broadcom makes the networking and custom chips that move data inside AI data centers, and it owns major infrastructure software through VMware. See where it ranks today on the Kilocorn Club.
Broadcom's climb past $1 trillion
| Date | Market cap |
|---|---|
| 2023 | $0.55T |
| Dec 13, 2024 | $1.00T |
| 2025 | $1.30T |
| May 2026 | $1.70T |
Broadcom spent years as a large but second-tier chipmaker before AI demand changed the math. The 24% jump on December 13, 2024 added hundreds of billions in value in one session and pushed it over $1 trillion for the first time. It has kept climbing since. Compare it with the rest of the most valuable companies.
What Broadcom actually makes
Broadcom sits in two businesses. The first is semiconductors: AI networking chips and custom accelerators, called ASICs, that large customers design with Broadcom to run their own AI workloads instead of buying off-the-shelf GPUs. The second is infrastructure software, anchored by VMware, which Broadcom bought in 2023. The AI chip side is what drives the valuation.
How Broadcom fits the AI buildout
If NVIDIA supplies the GPUs and TSMC manufactures the silicon, Broadcom supplies much of the plumbing that connects it all. Its networking chips and custom accelerators let hyperscalers wire thousands of processors together and design alternatives to NVIDIA hardware. That position turned Broadcom into one of the biggest winners of the data-center buildout.
Frequently asked questions
What is Broadcom's market cap in 2026?
About $1.70 trillion, the 8th largest in the world, driven by demand for its AI networking and custom chips.
When did Broadcom reach a $1 trillion market cap?
Broadcom first crossed $1 trillion on December 13, 2024, after the stock jumped about 24% in a single day on strong AI guidance.
What is AVGO?
AVGO is Broadcom's stock ticker. Broadcom and AVGO refer to the same company, the chip and software maker worth about $1.70 trillion.
What does Broadcom make?
AI networking and custom chips for data centers, plus infrastructure software including VMware, which Broadcom acquired in 2023.
Why did Broadcom stock jump 24% in one day?
On December 13, 2024, Broadcom raised its outlook for AI revenue. Investors repriced the company, giving it its best trading day on record and pushing it past $1 trillion.