Today
-1.83%
5 Days
+11.35%
1 Month
+15.56%
6 Months
+98.22%
Year to Date
+63.44%
1 Year
+111.41%
The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Broadcom Inc. is a prominent American multinational firm that engages in designing, developing, manufacturing, and supplying a diverse range of semiconductor and infrastructure software products globally. Broadcom's extensive portfolio caters to various sectors such as data centers, networking, software solutions, broadband, wireless communication, storage, and industrial markets. In 2024, approximately 58 percent of Broadcom's revenue was derived from semiconductor-related products, while 42 percent originated from its infrastructure software products and services.
The company is led by Tan Hock Eng, who serves as president and CEO, and its headquarters are located in Palo Alto, California. In January 2016, Avago Technologies Limited transitioned its name to Broadcom following the acquisition of Broadcom Corporation. The stock symbol AVGO now reflects the unified entity, whereas the ticker symbol BRCM associated with Broadcom Corporation has been retired. Initially, the merged company was referred to as Broadcom Limited before adopting its current name in November 2017.
With the surge in AI advancements, Broadcom's market capitalization surpassed $1 trillion for the first time in December 2024, positioning the company among the most valuable enterprises globally.
SAN FRANCISCO, Oct 14 (Reuters) - Broadcom AVGO.O is launching a new networking chip on Tuesday that will help companies build artificial intelligence computing systems by stringing together hundreds of thousands of chips that crunch data, deepening its rivalry with Nvidia NVDA.O.

TradingKey - On October 13 (U.S. Eastern Time), Broadcom (AVGO) surged 10% in pre-market trading after announcing a strategic technology partnership with OpenAI.

TradingKey - Earlier this week, NVIDIA announced a preliminary partnership with OpenAI to jointly deploy 10 gigawatts of compute capacity.

BofA commented on Nvidia's announcement to invest up to $100B in OpenAI, aimed at enhancing data center deployments and power capacity, with an intent to involve Nvidia in at least 10 GW of systems. The firm noted that such a significant investment in a customer raises questions until Nvidia provide
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TradingKey - Broadcom (NASDAQ: AVGO) recently secured a landmark $10 billion deal with OpenAI to supply custom AI accelerators, solidifying its leadership in the booming AI semiconductor market. Alongside its longstanding Google TPU partnership, this positions Broadcom to capture significant growth

TradingKey - Following the U.S. Trump administration’s “national equity stake” initiative, struggling semiconductor giant Intel (INTC) has received another major boost: Nvidia (NVDA), the global leader in AI chips, will invest $5 billion in Intel — not only buying shares but also entering a



Broadcom Inc. is a prominent American multinational firm that engages in designing, developing, manufacturing, and supplying a diverse range of semiconductor and infrastructure software products globally. Broadcom's extensive portfolio caters to various sectors such as data centers, networking, software solutions, broadband, wireless communication, storage, and industrial markets. In 2024, approximately 58 percent of Broadcom's revenue was derived from semiconductor-related products, while 42 percent originated from its infrastructure software products and services.
The company is led by Tan Hock Eng, who serves as president and CEO, and its headquarters are located in Palo Alto, California. In January 2016, Avago Technologies Limited transitioned its name to Broadcom following the acquisition of Broadcom Corporation. The stock symbol AVGO now reflects the unified entity, whereas the ticker symbol BRCM associated with Broadcom Corporation has been retired. Initially, the merged company was referred to as Broadcom Limited before adopting its current name in November 2017.
With the surge in AI advancements, Broadcom's market capitalization surpassed $1 trillion for the first time in December 2024, positioning the company among the most valuable enterprises globally.
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