Broadcom (AVGO): AI XPV Platform Sharpens Its Role in Custom Compute and Networking Infrastructure

Broadcom Inc. (NASDAQ:AVGO) is one of the best AI networking stocks to buy according to analysts . The company gave investors a fresh AI infrastructure catalyst on June 9, when it announced the AI XPV Platform with Apollo and Blackstone as initial anchor investors.

The platform is designed to enable more than 20 gigawatts of compute capacity through 2028 using Broadcom's XPUs and networking solutions customized for frontier AI labs, including Anthropic and OpenAI. It is launching with an initial $35 billion tranche, led by Apollo in partnership with Blackstone, to support Anthropic's planned expansion of more than 1 gigawatt of compute infrastructure at Fluidstack-based sites, starting in mid-2026.

That makes Broadcom one of the cleanest fits for an AI networking list because the story is not only about custom accelerators. The company's AI infrastructure roadmap also depends on networking solutions that connect accelerators, servers, and large-scale AI clusters for training and inference. Broadcom said the platform creates a scalable framework for future XPU-based compute capacity and networking aimed at enabling frontier model training and inference at lower cost and power.

Broadcom's latest results reinforced the momentum. On June 3, the company reported fiscal second-quarter revenue of $22.19 billion, up 48% year over year, while AI semiconductor revenue reached $10.8 billion, up 143%, driven by demand for custom AI accelerators and AI networking.

Broadcom Inc. (NASDAQ:AVGO) designs, develops, and supplies semiconductors and infrastructure software for global organizations' complex, mission-critical technology needs.

While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

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