11 Best AI Infrastructure Stocks to Buy Right Now

6. Broadcom Inc. (NASDAQ:AVGO

Number of Hedge Fund Holders: 156

Broadcom Inc. (NASDAQ:AVGO) is one of the 11 best AI infrastructure stocks to buy right now.

On November 10, 2025, Citi analyst Christopher Danely reiterated his “Buy” rating on Broadcom Inc. (NASDAQ:AVGO) with a $415 price target.

Earlier, on November 4, Jefferies raised its price target on Broadcom Inc. (NASDAQ:AVGO) from $415 to $480. Citing the company’s artificial intelligence Application-Specific Integrated Circuits (ASIC) business, which the firm believes is reaching a critical inflection point, Jefferies named the stock as its top pick.

Jefferies highlighted the company’s ASIC, the specialized chips for AI workloads, which are expected to benefit from accelerating demand from hyperscale customers. Furthermore, the firm noted that substantial volume growth is expected in 2026 as cloud providers expand AI infrastructure capacity. The firm also discussed Broadcom Inc. (NASDAQ:AVGO)’s primary customer, which has scaled token processing capacity from 480 trillion in April 2025 to 1,300 trillion in October. The chip volumes are expected to double from 1.5 million units in 2025 to 3 million in 2026.

Previously, on October 13, 2025, Broadcom announced a collaboration with OpenAI. With this partnership, the company, alongside OpenAI, aims to develop 10 gigawatts of custom AI accelerators while leveraging OpenAI’s model insights. Amid rising global AI demand, the company will deploy racks with its networking solutions across OpenAI and its partner data centers.

Broadcom Inc. (NASDAQ:AVGO) is focused on designing and supplying semiconductor devices and infrastructure software solutions worldwide.