What Is Nvidia's New $1 Trillion Superproject?

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

AVGO
Broadcom Inc
NASDAQ
1640
Open 1595.88 Prev Close 1605.53
High 1,639.23 Low 1,586.00
Volume 6,933,900 Volume (Avg) 3,256,343
52 Week High 495.14 52 Week Low 172.87
Market Cap 189.5B PE Ratio 72.75

About Broadcom Inc

Broadcom Inc. designs, develops, and supplies semiconductor infrastructure software solutions. It offers semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company's infrastructure software solutions enable customers to plan, develop, automate, manage, and secure applications across mainframe, distributed, mobile, and cloud platforms. It operates through two segments, Semiconductor Solutions and Infrastructure Software. The company was incorporated in 2018 and is based in San Jose, California.

General

NameBroadcom Inc
TickerAVGO
ExchangeNASDAQ
SectorTechnology
IndustrySemiconductors
CurrencyUSD
CountryUSA
Fiscal Year EndOctober
Full Time Employees21,000

Highlights

Analyst Target508.22
Market Cap189,513,383,936
PE Ratio72.75
PEG Ratio1.11
EBITDA12,103,999,488

Share Stats

Shares Outstanding408,302,016
Shares Float401,402,017
Shares Short4,236,054
Insider Holdings249%
Institution Holdings83.17%

Highlights

Analyst Target508.22
Market Cap189,513,383,936
PE Ratio72.75
PEG Ratio1.11
EBITDA12,103,999,488

Valuation

Trailing PE53.68
Forward PE16.86
Price/Sales (Trailing 12 Mt.)7.78
Price/Book (Most Recent Quarter)7.73

Dividend

Broadcom Inc pays out a dividend of $13.70 per share, with a dividend yield of 1.25%.

AVGO's last dividend payment was made to shareholders on March 31, 2021.

They pay out 58.30% of their earnings out as a dividend.

Recent Dividends

Jun 28, 2024$5.25
Mar 29, 2024$5.25
Dec 29, 2023$5.25
Sep 29, 2023$4.60
Jun 30, 2023$4.60
Mar 31, 2023$4.60
Dec 30, 2022$4.60
Sep 30, 2022$4.10
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