How is Broadcom doing so well when it doesn’t have much net income or profit this year?

Can someone explain to me how Broadcom is doing so well when the stats don’t back it up?
It doesn’t have a high monopoly in its infrastructure server market.
It isn’t making a lot of money or net income or revenue.
It’s definitely not a huge household name like TSM.
Why is the stock price so high and the market cap so high? Is it just inflated and just doing to fall?