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Broadcom rockets past 2 trillion valuation as AI chip demand and mega cloud deals surge AVGO
Business
Published on 27 April 2026
Its AI chip sales more than doubled in a surge
Broadcom’s market value surged past $2 trillion, powered by a sharp rise in demand for custom AI chips and cloud networking. The company’s AI semiconductor sales more than doubled, while partnerships with major cloud players like Google and Meta strengthened its foothold in the fast-growing AI infrastructure market. Investors are also reacting to ongoing ETF buzz around the AI trade.
- Broadcom’s valuation crossed $2 trillion amid AI demand
- AI semiconductor sales more than doubled
- Google and Meta partnerships boosted investor confidence
- ETF momentum is adding fuel to the rally
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times