Broadcom Inc. crossed the $2 trillion market-cap threshold on Friday, 16 May 2026, after its stock closed at $425.19 on the Nasdaq, according to livemint.com.
The surge has been relentless: the shares have gained 28% in the last six months, 85% over the past year and roughly 875% across five years, data from livemint.com show. The rally has vaulted the semiconductor and infrastructure-software supplier past better-known giants such as Tesla, Meta and Berkshire Hathaway, making it the sixth-largest listed company in the United States.
Broadcom’s ascent tracks the global scramble for AI compute. The company supplies high-bandwidth networking chips and custom ASICs that hyperscalers use to train large language models, a market that has expanded faster than Wall Street expected. At $2.01 trillion, Broadcom now trades at a richer valuation than Intel and Qualcomm combined, and its market cap exceeds India’s entire Nifty 50 free-float value, according to livemint.com. The milestone also tightens the gap with Nvidia, whose $2.9 trillion valuation has become the benchmark for AI infrastructure plays.
Investors will watch Broadcom’s next quarterly results, due in early June, for updates on AI-related revenue and guidance for the recently closed VMware acquisition. Management has said it will outline integration timelines and capital-return plans on the call, according to livemint.com.