Broadcom (AVGO) has run hard in 2025, with its stock up 45% year-to-date, outperforming the tech-heavy Nasdaq Composite Index ($NASX) gain of 10%. In fact, AVGO has soared higher than most of the tech giants in the "Magnificent Seven" this year. The stock’s rally has largely been fueled by a combination of increasing artificial intelligence (AI) demand for semiconductors, higher-margin software revenue following the VMware acquisition, and consistent profitability, which has delighted investors looking for ...