Broadcom (NASDAQ: AVGO) may have caught many of its bulls by surprise amid its recent surge of 25% after a 40% increase and a significant pullback. Additionally, acquisitions have proved fortuitous for Broadcom at large, and for AI-related product offerings that leverage both hardware and software capabilities. Its strength in AI helped Broadcom’s market cap cross the $1 trillion threshold amid this recent surge, making it the eighth most valuable company currently trading on U.S. exchanges.