Broadcom stock surges 10% driven by AI infrastructure momentum
Photo: Dado Ruvic
TPU partnership with Google drives Broadcom stock near 52-week high after Gemini 3 model boost.
Broadcom jumped 10% to $372 on Monday after Google’s Gemini 3 update reignited focus on their joint TPU chip development. Alphabet climbed 5% as investors responded to Gemini’s AI performance gains.
Broadcom has partnered with Google since 2016 to build TPUs, now in their seventh generation. Gemini 3, trained mostly on these chips, is seen as a cost-efficient alternative to GPU-based systems.
The TPU program is a growing revenue source for Broadcom as Google Cloud expands AI infrastructure. The stock is now nearing its 52-week high of $386.
Broadcom Inc. (AVGO) price
Full chart and statsLoading chart…
- Last close
- $294
- Close-to-close change
- +0.7%
- Market cap
- $1.4T (shares as of 2026-08-28)
- P/E (trailing)
- 37.5 (EPS to 2026-08-02)
- Annual revenue
- $63.9B USD (FY ended 2025-11-02) 10-K
- Annual revenue growth
- +23.9% (FY ended 2025-11-02 vs FY ended 2024-11-03) 10-K
- Annual net income
- 23,126,000,000 USD (FY ended 2025-11-02, consolidated) 10-K
- Annual operating margin
- 39.9% (FY ended 2025-11-02)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Nov 6, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Broadcom Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$294 | $1.4T | 37.5 | Unavailable | $63.9BFY ended 2025-11-02 · 10-K | +23.9%FY ended 2025-11-02 vs 2024-11-03 · 10-K | 23,126,000,000FY ended 2025-11-02, consolidated · 10-K | 39.9%FY ended 2025-11-02 |
|
|
$690 | $780.7B | 9.3 | Unavailable | $133.2BFY ended 2026-09-03 · 10-K | +256.3%FY ended 2026-09-03 vs 2025-08-28 · 10-K | 84,969,000,000FY ended 2026-09-03, attributable to the company · 10-K | 74.6%FY ended 2026-09-03 |
|
|
$449 | $736.5B | 97.4 | Unavailable | $34.6BFY ended 2025-12-27 · 10-K | +34.3%FY ended 2025-12-27 vs 2024-12-28 · 10-K | 4,335,000,000FY ended 2025-12-27, attributable to the company · 10-K | 10.7%FY ended 2025-12-27 |
|
|
$187 | $4.5T | 23.6 | Unavailable | $215.9BFY ended 2026-01-25 · 10-K | +65.5%FY ended 2026-01-25 vs 2025-01-26 · 10-K | 120,067,000,000FY ended 2026-01-25, attributable to the company · 10-K | 60.4%FY ended 2026-01-25 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Nov 8, 2026, 1:46 PM EST. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

