Broadcom

Broadcom designs the silicon that underpins the internet — its networking chips route data inside virtually every enterprise switch and router, and its custom AI accelerators (XPUs) are deployed inside Google's TPU pods and Meta's MTIA data centers. The company generates $30B+ annually from its semiconductor division alone, with 90%+ gross margins on its networking ASICs. Broadcom's custom ASIC business for hyperscalers is growing 100%+ year-over-year as Google and Meta reduce their dependence on NVIDIA by designing proprietary AI chips. CEO Hock Tan's acquisition-driven growth strategy and ruthless operational efficiency have made Broadcom a $800B+ market cap company with only 20,000 employees.