Broadcom Inc. (AVGO) Strengthens AI and Semiconductor Leadership with Analyst Upgrades and Market Share Gains

Broadcom Inc. (NASDAQ:AVGO) is one of the best Nancy Pelosi stocks to buy in 2026. On January 28, Counterpoint Research reiterated that Broadcom Inc (NASDAQ:AVGO) leads the competition and is expected to remain the top AI server compute ASIC design partner. The research firm expects the company’s market share in the segment to rise to 60% by 2027 despite emerging competition from the Google-MediaTek alliance.

Broadcom’s edge in the segment will come from AI server compute ASIC shipments among hyperscalers, which will triple between 2024 and 2027. The growth will come amid surging demand for Google’s Tensor Processing Unit (TPU) infrastructure supporting Gemini, continued scaling of AWS Trainium clusters, and volume ramps from Meta Platforms.

The AI server compute ASIC shipments are increasingly shifting from a monopoly dominated by Google and Amazon Web Services. Broadcom has already positioned itself to take on the two companies as we move into a more diversified landscape in 2027.

On January 26, JPMorgan analysts released their monthly top tech stock picks, spotlighting semiconductors and infrastructure software, with Broadcom highlighted for its diverse portfolio in wireless, broadband, networking, and storage. Wells Fargo upgraded Broadcom to Overweight as the company issued $4.5 billion in senior notes, while Goldman Sachs reiterated its preference for Broadcom alongside Nvidia, citing its strong positioning to benefit from AI infrastructure spending and networking technology trends.

Broadcom Inc. (NASDAQ:AVGO) is a leading global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Operating in sectors like data centers, networking, software, broadband, and wireless, Broadcom provides critical components for AI, cloud computing, and telecommunications.

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Disclosure: None. This article is originally published at Insider Monkey.