As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In

Summary

Over the past several weeks, semiconductor giant Broadcom NASDAQ: AVGO has entered rarified air, with its market capitalization eclipsing $2 trillion. Broadcom is now one of just six companies in the world in this territory, becoming more valuable than giants like Meta Platforms NASDAQ: META and Tesla NASDAQ: TSLA. Broadcom Today$425.19 -14.60 (-3.32%) As of 05/15/2026 04:00 PM Eastern52-Week Range$221.60▼$442.36Dividend Yield0.61%P/E Ratio83.05Price Target$441.63 Notably, shares fell below $300 in late March, a level not seen since September 2025. Broadcom has since rebounded mightily, closing at or above $430 multiple times in May. Overall, Broadcom shares are closing in on a 50% gain since March lows.Get Broadcom alerts:Sign Up An interesting report recently surfaced around the firm, with potential implications that could be both positive and negative. According to Bloomberg, the company is in discussions with two alternative asset management giants to receive billions in debt funding. While this move signals confidence in Broadcom’s outlook for its artificial intelligence (AI) chips, it also raises questions, given the company’s already significant debt levels. Broadcom, Blackstone, and Apollo: Private Credit Eyes AI InfrastructureAsset management companies Blackstone NYSE: BX and Apollo Global Management NYSE: APO are reportedly in talks with Broadcom to provide $35 billion in private credit funding. Details around the potential deal are minimal, but the funds would reportedly support Broadcom’s AI chip development roadmap. From Broadcom’s perspective, this indicates that the company is highly confident in the demand for its chips going forward. $35 billion is no small sum; the agreement would be one of the largest private credit deals ever. It is unlikely that Broadcom would engage in the deal without strong multi-year visibility. The report also signals confidence in Broadcom’s future from Blackstone and Apollo—lenders who surely want to recoup their principa...