Broadcom Stock Has Jumped Just 7% in 2026. This Move by Meta Platforms Could Supercharge the Stock in the Second Half

The article argues that Broadcom could see a stronger second half of 2026 if Meta Platforms ramps up deployment of its custom AI chips. Meta reportedly plans to start manufacturing its in-house Iris AI chip in September and may expand AI data center capacity to 14 GW by next year. Since Broadcom is partnering with Meta on custom silicon for the MTIA program, the expected increase in Meta’s capital spending could become a major growth catalyst for Broadcom. The piece notes Broadcom has risen only 7% in 2026 versus a 58% gain in the semiconductor sector, but its revenue growth is already accelerating, with fiscal Q2 revenue up 48% year over year and Q3 guidance implying 84% growth. The article is fundamentally bullish on Broadcom, framing Meta’s AI infrastructure buildout as a key reason the stock could re-rate higher.