Broadcom Inc. (AVGO)
Broadcom supplies networking, broadband, and custom silicon alongside a large enterprise-software portfolio anchored by VMware. The company is a key beneficiary of demand for AI-focused data-center connectivity.
Information Technology stock comparison
AVGO vs INTC: which business are you actually underwriting?
Compare Broadcom Inc. with Intel Corporation using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Information
- Industry
- Same SIC
- Shared themes
- 2
- Updated
- 2026-01-23
AVGO vs INTC: quick comparison
| Company fact | AVGO | INTC |
|---|---|---|
| Company | Broadcom Inc. | Intel Corporation |
| Exchange | NASDAQ | NASDAQ |
| Headquarters | Palo Alto, California | Santa Clara, California |
| Founded | 1961 | 1968 |
| SEC industry | Semiconductors & Related Devices | Semiconductors & Related Devices |
| Fiscal year-end | November 1 | December 27 |
| Latest annual filing | 10-K · 2025-12-18 | 10-K · 2026-01-23 |
AVGO vs INTC: audited financials
AVGO reported about 1.2× the revenue of INTC in the latest audited fiscal year. On profitability, AVGO converted a larger share of revenue into net income (9.2% versus -0.5%). Scale and margin are starting facts for the thesis, not the verdict.
| Metric | AVGO | INTC |
|---|---|---|
| Revenue | $63.9B | $52.9B |
| Net income | $5.9B | −$267M |
| Operating cash flow | $27.5B | $9.7B |
| Diluted EPS | $4.77 | −$0.06 |
| Net margin | 9.2% | -0.5% |
AVGO: FY ending 2025-11-02 · INTC: FY ending 2025-12-27. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
AVGO and INTC share the SEC industry classification “Semiconductors & Related Devices,” giving the comparison a primary-source operating relationship. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
Intel Corporation (INTC)
Intel is a historic leader in microprocessors that is investing heavily to rebuild its manufacturing edge and build a foundry business for outside customers. Its US fabs make it a focal point of domestic chip policy.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. AVGO is classified by the SEC as Semiconductors & Related Devices, while INTC is classified as Semiconductors & Related Devices. The matching industry code strengthens the peer comparison, although product mix can still differ materially.
Members-only research
We've published in-depth research on INTC
INTC · Jan 23, 2026
Intel’s manufacturing option needs a cash-flow bridgeA January 23, 2026 examination of Intel’s recovery conditions, followed by a separate audit of the later catalysts that could not have been predicted.
Sep 22, 2026
Meta jumped 11%. What must happen next to justify the price?A member research report on Meta’s AI rally: Muse, subscription economics, the cash-flow burden, legal costs and the earnings assumptions behind the new price.
The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study AVGO when…
- Custom AI accelerator (XPU) and Ethernet networking demand from hyperscalers
- Concentration among the top five end customers and major distributors
- VMware Cloud Foundation subscription transition
- Interest expense and debt paydown after the VMware acquisition
Study INTC when…
- Intel 18A yield and volume ramp for client and server CPUs
- External foundry customer wins needed to justify Intel 14A
- Client and data-center CPU volume, pricing, and share versus AMD and Arm-based rivals
- Capital spending, fab construction pace, and government and strategic equity funding
Shared research themes
Artificial intelligenceTariffs & trade
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.AVGO's fiscal year ends November 1, while INTC's ends December 27. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 87matched transaction rows for AVGOand 45 for INTC. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
AVGO primary filings
INTC primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
AVGO vs INTC FAQs
Are AVGO and INTC direct competitors?
Broadcom Inc. and Intel Corporation share the SEC industry classification “Semiconductors & Related Devices.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Which is better, AVGO or INTC?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this AVGO vs INTC comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Broadcom Inc. and Intel Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
AVGO vs INTC shows how the businesses differ. Membership is the monthly sourced view of who could benefit, what could break, and what evidence matters next. $15/month or $150/year.
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