Broadcom hitting an all-time high exposes the biggest flaw of the "Magnificent Seven."

The pressure was on Broadcom ( AVGO -2.64% ) to deliver blowout third-quarter fiscal 2025 earnings on Sept. 4. The semiconductor and infrastructure software giant didn't disappoint -- beating its artificial intelligence (AI) revenue guidance, announcing a $110 billion backlog , and providing upbeat commentary for fiscal 2026. Broadcom stock soared to an all-time high and is now up 49 % year to date.

With a market cap of $1.57 trillion, you may think that such an influential company would be a staple in mega-cap growth stock lists like the " Magnificent Seven ." But that group comprises only Nvidia , Microsoft , Apple , Amazon , Alphabet , Meta Platforms , and Tesla .

The "

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