35 Most Important AI Stocks for 2025 According to JPMorgan

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8. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 128

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor infrastructure software solutions. In December 2024, the company reported a 51% year-over-year increase in total revenue to $14.05 billion, with AI-related revenue surging 220% to $12.2 billion for the fiscal year. This robust growth propelled Broadcom’s market capitalization past the $1 trillion mark, reflecting investor confidence in its AI strategy. The company’s success is largely attributed to its development of custom AI chips for major hyperscaler clients and its leading Ethernet networking portfolio, which are essential for AI workloads. Broadcom’s CEO, Hock Tan, highlighted the company’s strong position in the AI sector and projected the addressable market for its AI components to reach $90 billion by fiscal 2027.

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