Broadcom’s stock has surged over 50% in 2025, surpassing a $1.65 trillion market cap, fueled by AI demand. Financial reports show continued strength in the semiconductor business, with a fourth major AI customer added, paving the way for growth in 2026.

Revenue in Q3 reached $16 billion, up 22% YoY, with a consolidated backlog at $110 billion. The semiconductor division saw a 26% revenue increase, driven by a 63% jump in AI sales. Custom accelerators for AI workloads have been a key growth driver for Broadcom.

Broadcom’s collaboration with OpenAI to deliver custom AI accelerators signals market validation. Analysts maintain a “Strong Buy” rating, foreseeing a 33% upside potential with a $480 price target. The company’s strategic partnerships and solid financial performance position it well for further growth in the AI space.

Read more at Yahoo Finance: Can the AI Boom Push Broadcom Stock to a $2 Trillion Market Cap in 2026?