Broadcom vs Lam Research (AVGO vs LRCX)
Broadcom (AVGO) vs Lam Research (LRCX) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Broadcom (AVGO) and Lam Research (LRCX) compete in semiconductors. Here are Broadcom and Lam Research side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Broadcom or Lam Research.
Broadcom vs Lam Research: the figures
| Figure | Broadcom | Lam Research |
|---|---|---|
| Share price | $325.48 (November 4, 2026) | $221.43 (November 4, 2026) |
| Market cap | $1.55 trillion | $277.1 billion |
| P/E (TTM) | 41.6x | 33.0x |
| Forward P/E | 16.7x | 18.1x |
| Revenue growth (quarter) | +85.5% | +54.4% |
| Net margin (TTM) | 42.9% | 32.3% |
| Net debt / EBITDA | 0.7x | Net cash |
| Dividend yield | 0.78% | 0.57% |
| Beta | 1.51 | 2.01 |
Broadcom and Lam Research figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Broadcom or Lam Research figure is not available, and we never estimate it.
3 key differences between Broadcom and Lam Research
- Growth: Broadcom grew sales +85.5% year on year in its latest quarter, against +54.4% for Lam Research.
- Profitability: for every 100 of sales, Broadcom keeps 42.9 as net profit and Lam Research keeps 32.3.
- Valuation: Broadcom trades at 41.6x its annual earnings and Lam Research at 33.0x; the market pays more for each dollar of Broadcom profit, usually because it expects more growth.
Broadcom or Lam Research: which fits your profile
- If you want growth: Broadcom is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Broadcom pays the higher dividend relative to its price.
- If you prefer caution: Lam Research has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Lam Research trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Broadcom nor Lam Research wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Broadcom and Lam Research make money
Broadcom (AVGO)
Broadcom has two segments. Semiconductor Solutions, the larger, sells networking chips for data centers, custom AI accelerators for big tech customers, and broadband, storage and wireless components used in smartphones. Infrastructure Software, expanded by the VMware deal, sells private cloud, mainframe and cybersecurity software to large enterprises. Full Broadcom analysis.
Lam Research (LRCX)
Lam Research sells etch and deposition tools that memory and logic chipmakers use on their production lines. Revenue splits between new systems and its Customer Support Business Group, which earns money from spare parts, upgrades and field service on the installed base. China, Taiwan and South Korea are its biggest regions. Full Lam Research analysis.
Frequently asked questions: Broadcom vs Lam Research
Is Broadcom or Lam Research the better stock?
Choosing between Broadcom and Lam Research depends on what you are looking for. Broadcom is growing faster right now, and Lam Research trades on the lower P/E. Fintols does not tell you whether to buy Broadcom or Lam Research: it shows you the differences so you can decide.
Which pays a higher dividend, Broadcom or Lam Research?
As of November 4, 2026, Broadcom yields 0.78% and Lam Research yields 0.57%. Also check how much of their profit Broadcom and Lam Research pay out: if it is more than they earn, it cannot last.
Which is more expensive, Broadcom or Lam Research?
On P/E, Broadcom (41.6x) is more expensive than Lam Research (33.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Broadcom and Lam Research?
Yes. Many people spread their money across several companies, such as Broadcom and Lam Research, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Broadcom or Lam Research.
More comparisons with Broadcom or Lam Research
More companies like Broadcom and Lam Research: semiconductors stocks. Educational content about Broadcom and Lam Research, not investment advice.