Tuesday, July 21, 2026
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The Chain Gazette · ResearchSemiconductorsNASDAQ NMS - GLOBAL MARKETFull writeup
$387.05+2.35%as of 12:09 PM ET

AVGOBroadcom

Networking silicon (Tomahawk/Jericho switch ASICs), custom AI accelerators, and infrastructure software. The networking spine of hyperscale AI.

Coiled

0

52w range compression, breakout-adjusted

Watched

100

7-day news volume + tape quietness

Sound

100

Margins, growth, FCF composite

Critical

100

Supply-chain concentration × demand

Pressure

70

Pricing Power

68.3%

Filling fast

Numbers on the wire.

Market cap

$1.80T

P/E (TTM)

61.80

P/S (TTM)

24.01

EV / EBITDA

56.68

Gross margin

68.35%

Op margin

43.43%

Net margin

38.85%

FCF margin

Rev growth YoY

32.29%

EPS growth YoY

125.78%

ROE

36.40%

ROA

17.10%

Debt / Equity

0.74

Current ratio

2.24

Price / Book

22.49

Beta

1.47

Layer Presence.

Broadcom owns the AI-networking switch layer. Every scale-out fabric depends on it. Custom AI silicon (Google TPU manufacturing partner, Meta MTIA) is a second leg the market has only partially priced.

From the EDGAR wire.

From the tape.

Who AVGO touches.