I increased my position in AVGO, supported by its strong execution in AI-driven infrastructure and security innovation. Broadcom’s launch of a post-quantum cryptography-safe encryption solution positions it ahead of emerging “harvest now, decrypt later” risks, especially as AI workloads scale. Its new 3nm 400G PAM-4 DSP further strengthens leadership in high-bandwidth, power-efficient data center connectivity. With over 120,000 deployments already, adoption momentum is clear. Backed by Morgan Stanley’s raised target and confidence in ASIC scaling, AVGO offers compelling long-term upside with improving visibility and durable demand drivers.