Founded in 1961, Broadcom operates in two segments: One is focused on developing and supplying semiconductors, including chips for artificial intelligence. The other provides infrastructure, including Ethernet switching and routing and fiber-optic transmitter and receiver components. The company also offers components for Wi-Fi, Bluetooth, and global positioning systems. Its products are used in various applications in enterprise and data center networking, including artificial intelligence networking and connectivity. Google, Meta, ByteDance, and OpenAI are among Broadcom’s customers for its custom AI chips.
Chris Ratcliffe—Bloomberg/Getty Images