Broadcom Builds Custom Chips for Google, Meta, Anthropic, and OpenAI. At 25 Times Forward Earnings, It's the Cheapest Mega-Cap AI Stock Nobody Talks About.

Broadcom is an overlooked AI chipmaker that builds custom ASICs for major tech companies like Google, Meta, OpenAI, and Anthropic. With AI chip sales surging 65% to $20 billion in fiscal 2025 and expected to reach $100 billion by fiscal 2027, Broadcom trades at just 25 times forward earnings—cheaper than Nvidia despite higher growth rates of 66% EPS CAGR through fiscal 2028.