Broadcom
AVGOcompute· NASDAQBroadcom – Custom silicon & fabric: Network switching systems, optical transceivers, and hyperscaler accelerator co-design.
Why it matters
Broadcom sits inside the fabric for most large clusters and supplies optics for many of them. It is a parallel toll road to NVIDIA on every dimension except the GPU itself.
The read
Levered to AI back-end network fabric and the demand for second-source custom accelerators.
Bull case: A parallel toll road to NVIDIA on every dimension except the GPU itself — switching, optics, and custom accelerators bundled.