A surprising stock move flying under the radar today.

Broadcom is now one of the biggest tech companies in the world.

The story behind its CEO, the strategy, and what some are now calling the Berkshire of Tech.

It's Wednesday, December 13th.

Welcome to the Tech Check podcast.

I am Dear Dribosa.

And I'm Mark Gilbert today, a stock that keeps hitting all-time highs.

It is Broadcom, ticker AVGO.

Shares have doubled this year, D.

It's now number 11 on the list of largest companies in the US by market cap.

It's bigger than Oracle, Adobe, AMD, and it sort of exploded in the last quarter.

And it's now the second largest listed chip company. So if you think that this is sort of the current most exciting way to invest in the generative AI shift, Broadcom is up there. I mean, and we'll talk about maybe the perhaps compelling reason it could be part of that shift. But we focused a lot this year on

NVIDIA not just us everyone the street analysts even the wider media

invidious sort of got all of the market attention for good reason it's just had an

absolute blowout year and it's been at the center of this generative AI conversation.

But the rise of Broadcom in Hawk Tan, I would argue it is just as interesting

which is why we wanted to do the story today. The hook is sort of it's just had this massive

performance this quarter and investors have really rotated out of that name

Invidia which they've we've been talking about all year and into Broadcom, also known as AVGO.

So over the last month, Gilbert, Invidia is down a percent.

Broadcom is at 15 percent, and that in itself tells a story.

And I think it's worth taking a step back before we talk about this quarter to go back to how we got here.

...