Broadcom remains resilient despite market challenges, driven by strong AI prospects. Learn why AVGO stock is a buy amid recent market dislocation.

Stephanie Link, CIO at Hightower, said in a latest program on CNBC that she likes Broadcom Inc (NASDAQ:AVGO) for the long term and started piling into the stock.

Hock Tan on Broadcom earnings $4 billion AI sales, chips, VMware and VCF, cloud hyperscalers, software infrastructure and semiconductor tariff impact.

A key driver of this growth is the integration of VMware into Broadcom's infrastructure software business unit, which posted revenue of $6.7 billion in Q1 2025

Broadcom shares rose after the chip maker said quarterly revenue jumped. Artificial-intelligence revenue jumped 77% from a year earlier to $4.1 billion last quarter. Overall, revenue grew 25% to $14.9 billion,

Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably dominant – share of AI inference.

Shares of Broadcom ( AVGO 3.45%) were climbing today after the diversified chip stock posted better-than-expected results in its fiscal first-quarter earnings report. As of 10:19 a.m. ET, the stock was up 3.6% on the news.

Broadcom's custom AI chips appeal to cloud companies as a cheaper option for high-volume AI work.