Broadcom Joins $1 Trillion Market Cap Club

Broadcom Joins $1 Trillion Market Cap Club as Stock Soars on AI Demand
Shares of Broadcom soared on Friday, launching the chipmaker into the small club of public companies worth more than $1 trillion.
Broadcom is closing in on $1 trillion market cap. Here’s how many other companies have achieved that lofty status.
Shares of Broadcom were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion-dollar club.
Broadcom Joins the $1 Trillion Club. What Comes Next for the Stock.
Broadcom shares were up 20% at $217.45 in Friday trading following its fourth-quarter earnings report, pushing its market value above $1 trillion for the first time. The stock needs to close at or above $214.
Broadcom stock jumps 21%, pushing company past $1 trillion market cap for the first time
The company said AI revenue jumped 220% for the year to $12.2 billion. The stock popped in after-hours trading Thursday when Broadcom CEO Hock Tan said the company is developing c
Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction
Broadcom is predicting a massive expansion in demand for chips that power AI — and the market, for now, is buying it all the way. The company’s valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027,
Broadcom stock soars 20% as AI demand powers the company to a $1 trillion market cap
Broadcom (AVGO) has surpassed the $1 trillion market cap for the first time after it reported a 220% jump in artificial intelligence revenue.
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