14 Best American Tech Stocks to Buy Now

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9. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Broadcom Inc. (NASDAQ:AVGO) is a leading American technology company that designs, develops and supplies a broad range of semiconductor, enterprise software and security solutions. Through its product offerings, the company serves the data center, cloud, networking, broadband, wireless, storage, industrial, and enterprise software markets. The company provides a wide range of solutions including service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom Inc. (NASDAQ:AVGO) is one of the best American stocks to buy.

The company is focused on expanding its portfolio through innovative solutions. On March 31, 2025, Broadcom Inc. (NASDAQ:AVGO) announced the expansion of its portfolio of optical interconnect solutions to support AI infrastructure. The new innovative technologies include advancements in co-packaged optics (CPO), 200G/lane DSP and SerDes, 400G optics, and PCIe Gen6 over optics. These innovative solutions are designed to support the growth and scalability of AI clusters. AI workloads require higher bandwidth, lower latency, and more power-efficient optical interconnects and Broadcom Inc. (NASDAQ:AVGO) is committed to meeting these demands. The company’s new solutions include low-power, high-bandwidth DSP, SerDes and CPO for reduced power consumption and improved signal integrity, and PCIe Gen6 over optics for enhanced connectivity between AI accelerators and other system components. Broadcom Inc. (NASDAQ:AVGO) also demonstrated its roadmap towards achieving 200T optical interconnect solutions.

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