Broadcom Expected to Hold 60% AI Market Share by 2027
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2026
0mins
Should l Buy AVGO?
Source: seekingalpha
- Market Leadership: According to Counterpoint Research, Broadcom is projected to retain a 60% market share by 2027, solidifying its position as a leading AI server compute ASIC design partner, highlighting its significance in the rapidly growing AI sector.
- Surge in Shipments: AI server compute ASIC shipments are expected to reach over 15 million by 2027, significantly increasing from 2024 levels, driven by accelerated deployments from companies like Google, Amazon, and Microsoft, which are boosting overall market demand.
- Shifting Competitive Landscape: Although Google's market share is expected to decline from 64% to 52%, its TPU will remain the backbone of the industry, indicating that AI hyperscalers are gradually reducing reliance on Nvidia and shifting towards in-house custom silicon solutions to meet their computing needs.
- Technological Innovation and Investment: Marvell's custom chip portfolio is strengthening, with the acquisition of Celestial AI expected to add billions in annual revenue while enhancing its leadership position in optical connectivity, further increasing its competitive edge in the market.
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Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 313.490
Low
370.00
Averages
457.75
High
525.00
Current: 313.490
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Memory Chip Demand: Micron Technology anticipates the high-bandwidth memory market will expand from $35 billion to $100 billion between 2025 and 2028, and despite price cooling due to Google's TurboQuant algorithm, the strong demand for memory indicates significant investment potential in the coming years.
- Custom Chip Innovation: Broadcom is set to benefit from the skyrocketing demand for custom AI chips, with projections indicating these chips could generate over $100 billion annually by the end of 2027, highlighting Broadcom's substantial growth potential with its $68 billion annual revenue.
- GPU Market Dominance: Nvidia's revenue is projected to rise by 71% this year and 30% next year, with its stock trading at a forward P/E of only 20.2, close to the S&P 500's 20.4, indicating a rare investment opportunity that investors should not overlook.
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- Transition Plan: Kirsten Spears will continue as CFO until the transition date and serve as an advisor for nine months, ensuring a smooth handover and minimizing management risks during the change.
- Financial Background: Thuener has served as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet Inc. since 2018, and her extensive financial management experience is expected to bring new perspectives and strategic direction to Broadcom.
- Market Reaction: Broadcom's stock rose 0.34% to close at $314.55 on Nasdaq, although it dipped 0.11% in after-hours trading, reflecting a cautious market sentiment regarding the executive transition.
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- Significant Order Increase: This new order brings total commitments from the customer to $124 million since mid-March, with deliveries expected to start in Q2 and complete by year-end, reflecting robust demand for its products.
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- Sony Acquires Cinemersive Labs: Sony Interactive Entertainment has agreed to acquire UK-based Cinemersive Labs, a machine learning and computer vision company, although terms were not disclosed, this move aims to enhance visual effects in PlayStation games, showcasing Sony's ongoing commitment to technological innovation.
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Broadcom Appoints New CFO Amie Thuener Effective June 2026
- Executive Transition: Broadcom has appointed Amie Thuener as the new Chief Financial Officer, replacing Kirsten Spears, who is retiring after 12 years with the company, with the transition set for June 12, 2026, ensuring a smooth handover.
- Financial Expertise: Thuener currently serves as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet since 2018, where she has been responsible for financial reporting and corporate governance, expected to bring extensive financial management experience to Broadcom.
- Strategic Focus: Broadcom CEO Hock Tan stated that Thuener will provide deep expertise in AI-related transactions and managing complex global organizations, which will help the company maintain its competitive edge while continuing to create shareholder value.
- Performance Exceeds Expectations: Broadcom's fiscal first-quarter results and guidance released in March surpassed Wall Street forecasts, indicating strong performance and market confidence in the semiconductor sector.
See More
Broadcom Appoints New Chief Financial Officer
- Executive Transition: Broadcom has announced the appointment of Amie Thuener as the new Chief Financial Officer, succeeding the retiring Kirsten M. Spears, with the transition set for June 12, 2026, ensuring continuity and stability in financial management.
- Rich Experience: Thuener comes from Alphabet, where she served as Vice President, Corporate Controller, and Chief Accounting Officer, bringing extensive experience in global financial reporting and operations management, which is expected to enhance Broadcom's financial governance.
- Transition Support: Kirsten M. Spears will continue as an advisor for nine months after the new CFO's appointment to ensure a smooth transition, a move that helps maintain operational stability and financial transparency within the company.
- Strategic Value: Broadcom's CEO Hock Tan stated that Thuener's expertise will strengthen the company's capabilities in financial reporting, corporate governance, and AI-related transactions, supporting its strategic goal of creating value for shareholders.
See More
Broadcom Appoints New Chief Financial Officer
- Executive Transition: Broadcom has announced the appointment of Amie Thuener as the new Chief Financial Officer, succeeding the retiring Kirsten M. Spears, who will continue as an advisor during the transition period to ensure a smooth handover.
- Extensive Experience: Thuener has served as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet since 2018, bringing a wealth of experience in global external reporting and financial operations, which is expected to enhance Broadcom's financial reporting and corporate governance capabilities.
- Strategic Focus: Broadcom's CEO Hock Tan stated that Thuener's expertise will strengthen the company's capabilities in AI-related transactions and managing complex global organizations, further driving the strategic goal of creating value for shareholders.
- Long-term Commitment: Kirsten M. Spears has made significant contributions during her 12-year tenure at Broadcom, and this executive transition reflects not only a personnel change but also a commitment to future financial management and strategic direction.
See More
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- Surging Market Demand: Taiwan Semiconductor expects the AI chip market to grow at a mid- to high-50% CAGR from 2024 to 2029, planning to invest $52 billion to $56 billion in capital expenditures in 2023, thereby solidifying its leadership position in the AI competition.
- Memory Chip Demand: Micron Technology anticipates the high-bandwidth memory market will expand from $35 billion to $100 billion between 2025 and 2028, and despite price cooling due to Google's TurboQuant algorithm, the strong demand for memory indicates significant investment potential in the coming years.
- Custom Chip Innovation: Broadcom is set to benefit from the skyrocketing demand for custom AI chips, with projections indicating these chips could generate over $100 billion annually by the end of 2027, highlighting Broadcom's substantial growth potential with its $68 billion annual revenue.
- GPU Market Dominance: Nvidia's revenue is projected to rise by 71% this year and 30% next year, with its stock trading at a forward P/E of only 20.2, close to the S&P 500's 20.4, indicating a rare investment opportunity that investors should not overlook.
See More
Broadcom Appoints New CFO Amie Thuener
- Executive Change: Broadcom announced the appointment of Amie Thuener as Chief Financial Officer effective June 12, succeeding retiring Kirsten Spears, indicating a strategic shift in the company's leadership.
- Transition Plan: Kirsten Spears will continue as CFO until the transition date and serve as an advisor for nine months, ensuring a smooth handover and minimizing management risks during the change.
- Financial Background: Thuener has served as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet Inc. since 2018, and her extensive financial management experience is expected to bring new perspectives and strategic direction to Broadcom.
- Market Reaction: Broadcom's stock rose 0.34% to close at $314.55 on Nasdaq, although it dipped 0.11% in after-hours trading, reflecting a cautious market sentiment regarding the executive transition.
See More
Mixed Market Reactions to Trump's Address; Tech Stocks Diverge
- Applied Optoelectronics Surge: The company’s stock jumped 20% at market close and an additional 5% in after-hours trading after announcing a $71 million order for 800G data center transceivers, indicating strong market confidence in its future performance.
- Significant Order Increase: This new order brings total commitments from the customer to $124 million since mid-March, with deliveries expected to start in Q2 and complete by year-end, reflecting robust demand for its products.
- Broadcom CFO Transition: Broadcom announced that Amie Thuener will take over as CFO on June 12, 2026, succeeding Kirsten Spears, who has been with the company for 12 years, indicating a strategic leadership shift to tackle future challenges.
- Sony Acquires Cinemersive Labs: Sony Interactive Entertainment has agreed to acquire UK-based Cinemersive Labs, a machine learning and computer vision company, although terms were not disclosed, this move aims to enhance visual effects in PlayStation games, showcasing Sony's ongoing commitment to technological innovation.
See More
Broadcom Appoints New CFO Amie Thuener Effective June 2026
- Executive Transition: Broadcom has appointed Amie Thuener as the new Chief Financial Officer, replacing Kirsten Spears, who is retiring after 12 years with the company, with the transition set for June 12, 2026, ensuring a smooth handover.
- Financial Expertise: Thuener currently serves as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet since 2018, where she has been responsible for financial reporting and corporate governance, expected to bring extensive financial management experience to Broadcom.
- Strategic Focus: Broadcom CEO Hock Tan stated that Thuener will provide deep expertise in AI-related transactions and managing complex global organizations, which will help the company maintain its competitive edge while continuing to create shareholder value.
- Performance Exceeds Expectations: Broadcom's fiscal first-quarter results and guidance released in March surpassed Wall Street forecasts, indicating strong performance and market confidence in the semiconductor sector.
See More
Broadcom Appoints New Chief Financial Officer
- Executive Transition: Broadcom has announced the appointment of Amie Thuener as the new Chief Financial Officer, succeeding the retiring Kirsten M. Spears, with the transition set for June 12, 2026, ensuring continuity and stability in financial management.
- Rich Experience: Thuener comes from Alphabet, where she served as Vice President, Corporate Controller, and Chief Accounting Officer, bringing extensive experience in global financial reporting and operations management, which is expected to enhance Broadcom's financial governance.
- Transition Support: Kirsten M. Spears will continue as an advisor for nine months after the new CFO's appointment to ensure a smooth transition, a move that helps maintain operational stability and financial transparency within the company.
- Strategic Value: Broadcom's CEO Hock Tan stated that Thuener's expertise will strengthen the company's capabilities in financial reporting, corporate governance, and AI-related transactions, supporting its strategic goal of creating value for shareholders.
See More
Broadcom Appoints New Chief Financial Officer
- Executive Transition: Broadcom has announced the appointment of Amie Thuener as the new Chief Financial Officer, succeeding the retiring Kirsten M. Spears, who will continue as an advisor during the transition period to ensure a smooth handover.
- Extensive Experience: Thuener has served as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet since 2018, bringing a wealth of experience in global external reporting and financial operations, which is expected to enhance Broadcom's financial reporting and corporate governance capabilities.
- Strategic Focus: Broadcom's CEO Hock Tan stated that Thuener's expertise will strengthen the company's capabilities in AI-related transactions and managing complex global organizations, further driving the strategic goal of creating value for shareholders.
- Long-term Commitment: Kirsten M. Spears has made significant contributions during her 12-year tenure at Broadcom, and this executive transition reflects not only a personnel change but also a commitment to future financial management and strategic direction.
See More
