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The analysis compares AVGO and QCOM based on revenue growth and operating margins. AVGO's revenue CAGR has been declining, while QCOM's has been more stable and accelerating in recent years. AVGO's operating margin has also seen a significant drop, reaching 26.1% in 2023, whereas QCOM's operating margin has been more consistent, ending at 39.9% in the last reported period. Valuation-wise, AVGO is trading at a forward P/E of 32.66, significantly higher than QCOM's 19.8. Based on these metrics, AVGO appears overvalued, while QCOM seems fairly valued or slightly undervalued. The analysis suggests that AVGO is facing headwinds due to increased demand for its components in data centers and automotive sectors, while also facing supply shortages. Qualcomm, on the other hand, is expanding into new categories and showing strong progress, particularly in automotive and PC markets, with investors excited about its entry into the data center market. Despite AVGO's strong historical performance, its current revenue and margin trends suggest a less favorable outlook compared to QCOM.