Broadcom

NASDAQ-listed semiconductor company designing and supplying semiconductor and infrastructure connectivity solutions for data centers and telecommunications.

"Broadcom is exceptionally well-positioned in the ongoing AI infrastructure buildout, enabling hyperscaler clients to design custom ASIC chips that reduce their dependence on Nvidia. With deep design capabilities and a proven record of operational execution, Broadcom has become a partner of choice for the largest technology companies in the world. Management recently guided for high-twenties revenue growth over the next five years with modestly expanding margins, which implies a single-digit earnings multiple on a five-year view."