Broadcom joined the trillion-dollar market-capitalization group in 2024.
Broadcom Inc. grew from Avago Technologies, which acquired the original Broadcom Corporation in 2016 and adopted the Broadcom name. The company designs semiconductors and infrastructure software used in networking, broadband, storage, wireless communications, and data centers.
Broadcom's chips are generally components inside larger products rather than consumer devices sold directly under the Broadcom brand. Its networking technology became especially important as data-center operators expanded systems for cloud computing and artificial intelligence.
Broadcom's market capitalization crossed the one-trillion-dollar level in 2024 as investors valued its semiconductor business and infrastructure-software operations. The threshold is a share-price milestone, not a claim that Broadcom generated one trillion dollars in annual sales.