What Happened? Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 7.6% in the afternoon session after ...
Because Broadcom sells both chips and software solutions, it has diversified revenue streams that give it a competitive moat.
Monday's rally saw Broadcom notch its best day since April 9. The stock was the S&P 500's top performer of the day. The move in Broadcom comes as investors continue to push shares of Google-parent ...
Broadcom recently became the 7th largest public company by market cap, but it can pass a few other companies next year. AI is a hot segment for Broadcom, and its revenue growth comes with impressive ...