Broadcom stock soars 20% as AI demand powers the company to …

Dec 13, 2024 · The chipmaker’s shares were up by about 20% during Friday morning trading, pushing its market cap to $1.02 trillion. Broadcom stock is up by about 10o% so far this year.

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Broadcom Stock Soars 20% As AI Demand Powers The Company To …

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Dec 13, 2024 · The chipmaker’s shares were up by about 20% during Friday morning trading, pushing its market cap to $1.02 trillion. Broadcom stock is up by about 10o% so far this year.

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Broadcom Is Now A $1 Trillion Company As Stock Surges 20% On AI …

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Dec 13, 2024 · Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion. ... Broadcom is now a $1 trillion company as …

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Broadcom Stock Soars 20%, Market Cap Hits $1 Trillion On AI …

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Dec 13, 2024 · Broadcom stock soars 20% as AI demand powers the company to a $1 trillion market cap ... pushing its market cap to $1.02 trillion. Broadcom stock is up by about 10o% so …

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Broadcom Joins $1 Trillion Market Cap Club As Stock Soars On AI …

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Dec 13, 2024 · Broadcom shares were up more than 20% at about $220 in early trading Friday, putting the company’s market capitalization at just over $1 trillion. Broadcom is just the ninth …

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Broadcom Stock Soars 20% As AI Demand Powers The Company To …

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A Broadcom office on December 12, 2024 in San Jose, California. Broadcom has surpassed the $1 trillion market cap for the first time after it reported a 220% jump in artificial intelligence …

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Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap On AI …

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Dec 13, 2024 · CEO Hock Tan projected the AI market for Broadcom could expand up to $90 billion by fiscal 2027. ... Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap on AI …

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Broadcom Hits $1T Market Cap After CEO’s ‘huge’ AI Prediction

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Dec 13, 2024 · 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 …

nypost.com

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Broadcom Surges 20%, Hits $1 Trillion Valuation On AI Boom

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Dec 13, 2024 · Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.

fortune.com

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Broadcom Stock Soars To $1 Trillion Valuation As It Eyes AI Growth ...

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Dec 13, 2024 · The stock surged as much as 23% to hit a $1 trillion market cap for the first time. The company pointed to strong AI demand, which it forecast will accelerate in coming years.

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Broadcom Hits $1 Trillion. Can It Continue Its Rally In 2025?

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Jan 1, 2025 · The stock market has seen multiple companies hit the $1 trillion mark in valuation in the past few years, the latest one being semiconductor company Broadcom (AVGO …

fool.com

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Broadcom Stock Jumps 24%, Pushing Company Past $1 Trillion …

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Dec 13, 2024 · Shares of Broadcom popped more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time.

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Broadcom Joins The $1 Trillion Club: Is This Growth Stock A Buy …

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Dec 18, 2024 · After reporting its fiscal 2024 fourth-quarter (ended Nov. 3) results on Dec. 12, Broadcom (AVGO 0.29%) surged by 24.4% on Dec. 13 to a new all-time high and a market …

fool.com

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Broadcom (NASDAQ:AVGO) Powers Past $1 Trillion Market Cap …

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Dec 13, 2024 · The AI semiconductor market, projected to grow by 74% in 2025, provides a strong tailwind for Broadcom’s future growth. While non-AI semiconductors are expected to …

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Broadcom Reaches $1 Trillion Valuation Amid Explosive AI …

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Dec 14, 2024 · Broadcom Inc. achieved a historic milestone on Friday, surpassing a $1 trillion market capitalization for the first time following a robust earnings report that underscored its …

btimesonline.com

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Broadcom Rockets Past $1 Trillion Market Cap Amid Stock Surge

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Dec 13, 2024 · Broadcom stock (AVGO) experienced a significant surge, climbing over 20% on Friday, following CEO Hock Tan's bullish outlook on the artificial intelligence (AI) market during …

wallstreetpit.com

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Broadcom Is Now A $1 Trillion Company As Stock Surges 20% On AI …

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Dec 13, 2024 · Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion. Broadcom is now a $1 trillion company as …

aol.com

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Broadcom Hits $1 Trillion In Market Cap After Stock Soars

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Dec 23, 2024 · Semiconductor company Broadcom became the 10th stock to reach $1 trillion in market cap. Semiconductor company Broadcom (NASDAQ:AVGO) recently joined an …

valuewalk.com

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S&P 500 Gains And Losses Today: Broadcom Stock Soars As

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Dec 13, 2024 · Broadcom shares skyrocketed 24.4% to an all-time high, lifting the company's market capitalization above the $1 trillion level after the chipmaker beat revenue and profit …

investopedia.com

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Broadcom Valuation Soars Past $1 Trillion On AI Sales Boom

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Dec 13, 2024 · (Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in …

yahoo.com

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Broadcom Surges Past $1 Trillion Market Cap On AI-fueled Earnings

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Dec 13, 2024 · Broadcom shares skyrocketed over 20% in the first minutes of the last session in the week, propelling the company's market capitalization past the $1 trillion mark. This surge …

xtb.com

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Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap On AI Gro

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Dec 13, 2024 · This puts Broadcom in a position to profit from the increased need for next-generation chipsets and infrastructure solutions, hence driving the development of the artificial …

gurufocus.com

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Nvidia Stock: Will Nvidia Break Losing Spell As It Rebounds Amid ...

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3 hours ago · New findings showed that Nvidia was the most bought stock by retail investors in 2024, as they poured nearly $30 billion into the AI stock in for the year as of Dec. 17, …

investors.com

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Prediction: This Powerhouse AI Stock Will Join Nvidia, Broadcom, …

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5 days ago · Oracle's market cap is $463 billion as of this writing, so if it does join the $1 trillion club in four years, as I predict, investors who buy its stock today could earn a very nice return …

nasdaq.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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FAQs about Broadcom stock soars 20% as AI demand powers the company to … Coupon?

Why did Broadcom stock surge 23%?

The stock surged as much as 23% to hit a $1 trillion market cap for the first time. The company pointed to strong AI demand, which it forecast will accelerate in coming years. Broadcom shares soared on Friday, pushing the chipmaker's valuation above $1 trillion for the first time ever. ...

Why is Broadcom stock soaring in December?

Strong demand for artificial intelligence (AI) products sent shares of Broadcom soaring in December. The company sees a lot of demand as hyperscalers continue to invest heavily into AI. Broadcom's stock is trading around all-time highs as it enters the new year. ...

Why did Broadcom stock rise 23% on Friday?

The company pointed to strong AI demand, which it forecast will accelerate in coming years. Broadcom shares soared on Friday, pushing the chipmaker's valuation above $1 trillion for the first time ever. The stock climbed 23% to trade at $221.53 per share after Broadcom reported a jump in revenue in the most recent quarter. ...

How did Broadcom's fourth quarter impact its market cap?

Shares of Broadcom closed up more than 24% Friday, pushing the company’s market cap beyond $1 trillion for the first time. For the year, the company said artificial intelligence revenue jumped 220% to $12.2 billion. Broadcom reported $14.05 billion in revenue for the fourth quarter, up 51% year over year. ...

How did Broadcom's earnings announcement Impact the stock market?

The strong earnings announcement set off over a 20% increase in Broadcom's stock price, thereby driving the company's market value past $1 trillion. To reach this value, Broadcom is among a small handful of U.S. companiesincluding Apple (AAPL, Financials) and Nvidia (NVDA, Financials). ...