Broadcom Could Eclipse Amazon and Palantir by 2030 in the AI Infrastructure Race

Key Takeaways

• Amazon’s AI ventures are promising but may take years to meaningfully impact profits.

• Palantir’s sky-high valuation could limit future upside despite AI momentum.

• Broadcom’s dominance in connectivity and custom silicon may propel it past both companies by 2030.

The Next AI Powerhouse May Not Be Who You Expect

For years, investors have gravitated toward Amazon and Palantir as blue-chip bets on artificial intelligence. Yet, one lesser-talked-about company is quietly building the backbone of the AI economy — and it could soon outvalue them both.

That company is Broadcom.

While Nvidia dominates headlines with its industry-leading GPUs, Broadcom is becoming indispensable in the next stage of AI development: the infrastructure layer that keeps hyperscale data centers running at full throttle.

Why Amazon and Palantir May Hit an AI Ceiling

Amazon’s clearest AI opportunity lies within Amazon Web Services (AWS), its core profit engine. However, fierce competition from Microsoft Azure and Google Cloud is eroding its edge. The company’s broader AI efforts — including robotics, logistics, and retail automation — are still in their infancy and may not meaningfully move the needle for years.

Meanwhile, Palantir Technologies has positioned itself as a leader in AI-driven analytics, with its Artificial Intelligence Platform (AIP) gaining significant traction across governments and enterprises. Yet, the company’s market valuation has surged so high that it leaves little room for missteps. Any slowdown in contract growth or government spending could cause a sharp correction.

In short, both companies face growth constraints that make it difficult to sustain their current momentum.

Broadcom: The Silent Architect of the AI Boom

Broadcom doesn’t make headlines as often as Nvidia or AMD, but it quietly powers much of the world’s AI infrastructure. The company builds the networking equipment, connectivity chips, and custom ASICs that make large-scale AI clusters possible.

Its customer list reads like a who’s-who of the tech elite — including major cloud and enterprise providers that rely on Broadcom’s semiconductors for their data centers. CEO Hock Tan recently noted that just three hyperscale clients could generate $60 billion to $90 billion in revenue by 2027, underscoring the company’s dominant position.

Beyond AI, Broadcom’s acquisition of VMware bolstered its software arm, providing recurring income that balances the cyclical nature of the semiconductor industry. That diversification gives Broadcom a level of financial stability few chipmakers can match.

Valuation Momentum Could Fuel the Climb

Broadcom’s stock has already surged more than 700% in three years, pushing its market cap past $1.6 trillion. Despite a premium valuation — with a forward P/E near 51 — analysts remain optimistic about its growth trajectory.

With AI infrastructure spending expected to exceed $7 trillion globally by 2030, Broadcom’s strategic positioning across networking, cloud, and custom silicon gives it multiple levers for future expansion. If those projections hold, Broadcom could realistically outpace the combined valuations of Amazon and Palantir within the decade.

The Bottom Line

Broadcom may lack Nvidia’s spotlight or Amazon’s consumer reach, but its hardware and software power the AI engines behind both. As the global race to build smarter data centers accelerates, Broadcom’s critical role in the ecosystem could transform it from an overlooked supplier into the defining AI infrastructure giant of the 2030s.

Disclaimer: The content above is for informational purposes only and does not constitute investment advice. Investors should conduct independent research before making financial decisions.