been thinking about what things to invest in right now, especially with the market sitting near record highs and all these macro uncertainties floating around. most people get spooked by that kind of noise, but here's the thing -- if you're playing the long game with your capital, you should be looking at companies that'll keep grinding regardless of short-term chaos.

just came across two interesting plays that caught my attention. first up is Broadcom. the company's basically everywhere -- wireless chips, networking gear, optical equipment -- but what's really driving their growth lately is their custom AI accelerator chips for the big hyperscalers. these things are way more cost-efficient than Nvidia's general-purpose GPUs when you're doing AI inference at scale.

the numbers are pretty wild. in their latest fiscal year, Broadcom's AI chip sales jumped 65% to $20 billion, representing about 31% of total revenue. overall revenue grew 24% with EPS up 40%. and they're expecting this to keep going -- analysts are projecting 52% revenue growth and 51% EPS growth for next fiscal year. that's serious momentum for a stock trading at 32x forward earnings.

then there's IBM. they had a rough decade before Arvind Krishna took over as CEO in 2020, but things have changed dramatically. they spun off their slower infrastructure services business and doubled down on hybrid cloud and AI. instead of trying to outmuscle Amazon in the public cloud space, IBM built out this hybrid approach using Red Hat, letting enterprises keep data flowing between their private clouds and public platforms. a lot of large companies that weren't ready for full cloud migration found that pretty appealing.

IBM's growth is more modest but still solid -- 8% revenue growth and 12% EPS growth last year, with expectations for 5% and 7% respectively this year. the stock looks reasonably valued at 21x forward earnings, which means there could be decent upside left.

so yeah, if you're looking at things to invest in right now and you've got a decent time horizon, these are the kinds of resilient businesses worth paying attention to. not saying they're guaranteed wins, but they've got real earnings power and solid growth prospects ahead. the key is tuning out the noise and focusing on quality plays that can compound over time.