analyst ratings
Morgan Stanley Names Nvidia, Broadcom and Astera Labs as Its Top Chip Stocks for 2026
Morgan Stanley names Nvidia, Broadcom and Astera Labs its top semiconductor picks for 2026, and argues AI gains broaden into memory and equipment.
NASDAQ · Semiconductors
Broadcom Inc. (AVGO)
Broadcom combines custom AI accelerators and networking silicon for hyperscalers with a large infrastructure-software business built around VMware. Founded in 1961 and headquartered in Palo Alto, California, Broadcom Inc. employs approximately 37,000 people.
Reference price$342.15
Daily change+0.55%
Market cap$1.61T
P/E ratio44.9
Analyst consensusStrong Buy
Price target$390
Next earnings2026-09-10
Dividend yield0.72%
Company profile
Headquarters
Founded
1961
Employees
37,000
Related coverage