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Broadcom’s overall guidance may not have wowed Wall Street after the stock’s big recent run, but “AI is strong and getting stronger,” one analyst noted.
Broadcom’s stock AVGO shot up 19.4% in midday trading, sending it into record territory and putting it on track to break its record for a one-day gain of 15.8%, hit on March 29, 2020.
Broadcom Is Back in the $1 Trillion Club. But the Party Has Just Begun and the Stock Can Hit a New All-Time High, According to 1 Wall Street Analyst.
Inflation Shock (2022) AVGO stock fell 36.7% from a high of $67.43 on 27 December 2021 to $42.71 on 14 October 2022, vs. a peak-to-trough decline of 25.4% for the S&P 500; The stock fully ...
Broadcom has a 12-month forward price-to-earnings ratio of 29.8, compared with 31.03 for Nvidia, the first chip firm to hit $1 trillion in market value, according to data compiled by LSEG.
Broadcom shares are trading higher by 2.6% during Thursday's session. The stock is rising following Nvidia's strong earnings and its own advancements in AI infrastructure.
Broadcom shares fell more than 3% in early trading on Friday, after the company's third-quarter revenue forecast failed to impress investors who have been extremely bullish on chip stocks amid an ...
Broadcom Inc.’s massive rally after last week’s earnings report is reminiscent of when Nvidia Corp. shares first started to take off back in 2023. The chipmaker now needs to prove it can ...
Broadcom Inc.’s stock sealed its best day on record Friday, as investors salivated over the company’s prospects for the next few years. Shares of Broadcom AVGO needed to rise more than 15.83% ...
Broadcom reported stellar 2Q25 results with 20% YoY growth, driven by AI and data center demand. Check out why AVGO stock is a strong buy.
Broadcom has never been one for making fanciful forecasts. Which is why its latest one carries a lot of weight. The chip maker’s fiscal fourth-quarter results late Thursday barely edged out Wall ...
Broadcom AVGO 1.94 % increase; green up pointing triangle logged a jump in revenue in its fiscal fourth quarter driven mostly by its semiconductor business, and guided for further growth in the ...