8 Best AI Infrastructure Stocks to Invest In

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6. Broadcom Inc. (NASDAQ:AVGO)

Broadcom Inc. (NASDAQ:AVGO) earns a spot on our list of 8 best AI infrastructure stocks to invest in.

As of March 30, 2026, analyst sentiment about Broadcom Inc. (NASDAQ:AVGO) remains optimistic, with over 95% of covering analysts keeping a “Buy” rating. The consensus price target of $472.50 indicates a potential upside of 57.14% on the stock.

On March 5, 2026, Truist raised its price target for Broadcom Inc. (NASDAQ:AVGO) from $510 to $545 and upheld a “Buy” rating, citing the company’s positive performance across key metrics, particularly on its Q1 sales guidance and AI sales projections. Truist remarked that the discussion on the gross margin trajectory was ambiguous, but it emphasized that management’s positive statements regarding AI expenditure should be interpreted favorably, not only for Broadcom Inc. (NASDAQ:AVGO) but also for the semiconductor industry at large.

On March 5, 2026, JPMorgan raised its price target to $500 from $475 and maintained an “Overweight” rating, following Broadcom Inc. (NASDAQ:AVGO)’s stronger-than-expected January-quarter results and a robust sales forecast for the April quarter. The firm cited continued upside in the company’s AI semiconductor sector, adjusting expectations after the earnings release.

Broadcom Inc. (NASDAQ:AVGO) operates as a developer, designer, and supplier of a range of semiconductor devices and infrastructure software solutions globally. It operates through the Infrastructure Software and Semiconductor Solutions segments. The company was incorporated in 1961 and is based in Palo Alto, California.

While we acknowledge the potential of AVGO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AVGO and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 best AI infrastructure stocks to invest in.

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