Semiconductors and electronics · 16/36 against 28/36 checks · to 2026-09-08
AVGO vs NVDA.
BroadcomDesigns networking and custom AI chips, and owns VMware's infrastructure software.
NVIDIADesigns the GPUs that train and run most of the world's AI models.→Broadcom (AVGO) and NVIDIA (NVDA) are within reach of each other at $1.75T and $5.44T, and on the filings NVIDIA passes more, 28 checks of 36 against 16.
Which passes more checks?
widest gap first→The two are furthest apart on Trend analysis, where NVIDIA passes 6 more of the six.
| AVGO | NVDA | |
|---|---|---|
| Trend analysis | 0/6 | 6/6 |
| Growth | 2/6 | 5/6 |
| Shareholder returns | 2/6 | 5/6 |
| Value | 0/6 | 1/6 |
| Quality | 6/6 | 5/6 |
| Health | 6/6 | 6/6 |
| All checks | 16/36 | 28/36 |
→NVIDIA turns over $303.0B to Broadcom's $75.5B, 4.0 times as much. Broadcom keeps 38.8% of revenue as profit against 63.7% at NVIDIA.
Which is growing faster, AVGO or NVDA?
| AVGO | NVDA | |
|---|---|---|
| Revenue (TTM) | $75.5B | $303.0B |
| Revenue growth, 1 year | - | +83.4% |
| Revenue CAGR, 3 years | - | +100.0% |
| Net income (TTM) | $29.3B | $192.9B |
| Free cash flow (TTM) | $32.8B | $127.0B |
Which hands more back to owners?
→Broadcom pays 0.4% at today's price and NVIDIA effectively pays nothing, which is the clearest difference in what each hands back.
| AVGO | NVDA | |
|---|---|---|
| Dividend yield | 0.4% | 0.0% |
| Payout ratio | 26.1% | 0.5% |
| Years of unbroken dividend | - | - |
Which is cheaper?
→NVIDIA is the cheaper of the two on earnings, 28.7x against 53.7x. Against their own histories, Broadcom is above its 26.6x median and NVIDIA is below its 33.9x.
| AVGO | NVDA | |
|---|---|---|
| Share price | $368.56 | $225.73 |
| Market cap | $1.75T | $5.44T |
| P/E | 53.7x | 28.7x |
| P/E, own median own 4-year median / own 11-year median | 26.6x | 33.9x |
| P/S | 23.2x | 18.0x |
| Free cash flow yield | 1.9% | 2.3% |
Which keeps more of each sale?
→NVIDIA keeps more of each sale: gross margin of 74.7% against 68.3%, a gap of 6 points that flows into everything below it.
| AVGO | NVDA | |
|---|---|---|
| Gross margin | 68.3% | 74.7% |
| Operating margin | 43.4% | 65.2% |
| Return on equity | 33.4% | 84.2% |
Which balance sheet is stronger?
→NVIDIA carries much the lighter balance sheet, 0.15x of debt to equity against 0.74x - which matters most in the year a downturn arrives, not this one.
| AVGO | NVDA | |
|---|---|---|
| Debt / equity | 0.74x | 0.15x |
| Interest coverage | 10.4x | 426.7x |
| Cash and short-term investments | $19.6B | $71.6B |
Where they differ most
the checks behind the gapTrend analysis: NVIDIA 6 ahead
- Price above the Kumo cloud $225.73 against a cloud top of $210.90
- Price above the Tenkan and the Kijun $225.73 against the Tenkan (9 sessions) at $221.99 and the Kijun (26) at $215.81
- Tenkan above the Kijun Tenkan $221.99 above the Kijun $215.81, 20 sessions since they crossed
- Price above the Kumo cloud $368.56, below the cloud bottom of $383.35
- Price above the Tenkan and the Kijun $368.56 against the Tenkan (9 sessions) at $359.46 and the Kijun (26) at $387.53
- Tenkan above the Kijun Tenkan $359.46 below the Kijun $387.53, 14 sessions since they crossed
Growth: NVIDIA 3 ahead
- Outgrew its sector last year 83.4% vs 10.5% (sector 70th pct, n=163)
- Sustained growth beats its sector (3 years) 100.0% vs 10.3% (sector 70th pct, n=156)
- Profits grew last year 122.7% vs 0.0%