I added to my AVGO position after Broadcom’s stellar Q2 performance. The company reported $15B in revenue (+20% YoY) and $6.4B in free cash flow, with AI semiconductor revenue surging 60% YoY to $5B—thanks to strong Ethernet switching and XPU demand. Infrastructure software also impressed with 25% growth and ultra-high margins, bolstered by strong VMware adoption. While valuation is rich at over 91x GAAP P/E and 18.74x forward P/S, I believe Broadcom's dominant AI and software positioning justifies a premium.
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- bumpy·07-10Great move! Broadcom's growth in AI is impressive; this could pay off nicely in the long run.LikeReport
- AL_Ishan·07-10Broadcom's stellar Q2 performance is outstanding, good buyLikeReport
- Kashcash·07-11👍LikeReport