Broadcom Valuation Soars Past $1 Trillion on AI Sales Boom

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 …


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

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Dec 13, 2024  · Broadcom soars 23% to a $1 trillion valuation after earnings as the company eyes big AI opportunity ahead. ... The stock surged as much as 23% to hit a $1 trillion market cap …

businessinsider.com

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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 …

investopedia.com

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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 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 …

yahoo.com

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Broadcom Hits Trillion-dollar Valuation On Lofty Forecasts For AI …

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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 …

yahoo.com

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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 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 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 …

qz.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.

cnbc.com

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Broadcom Valuation Soars Past $1 Trillion On AI Sales Boom

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Dec 14, 2024  · The stock rose 24% to $224.80 in New York on Friday, its biggest one-day rally since August 2009 — the month when precursor company Avago Technologies Ltd. held its …

ndtvprofit.com

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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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AI Boom Sends Broadcom Soaring To $1 Trillion Market Cap

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Dec 17, 2024  · Broadcom (AVGO) has emerged as a leading player in the semiconductor industry, recently surpassing a market cap of $1 trillion. The company reported a significant …

dataconomy.com

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Broadcom Stock Eyes Record High On AI-Powered Earnings

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Dec 13, 2024  · The premarket rally has investors eyeing a record high of over $200 per share and bringing Broadcom closer to a $1 trillion market capitalization. Most retail investors feel that …

stocktwits.com

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

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Dec 13, 2024  · Analysts have raised their price targets for Broadcom, with Bernstein increasing its target to $250 from $195, citing the company’s dominant position in AI semiconductors. …

tradingnews.com

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Broadcom Soars Past $1 Trillion Valuation On A.I.-Driven Growth

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Dec 15, 2024  · Price targets for Broadcom stock have surged, with some analysts projecting up to $250 per share. Broadcom Soars Past $1 Trillion Valuation on A.I.-Driven Growth. The …

riotimesonline.com

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Broadcom Value Jumps Over $1tn On AI Optimism | Silicon UK

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2 days ago  · Shares in Broadcom jumped 24 percent on Friday, putting the company’s market capitalisation over $1 trillion (£800m), after its chief executive spoke of a “massive” opportunity …

silicon.co.uk

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Broadcom Hits Trillion-dollar Valuation On Lofty Forecasts For AI ...

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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 …

investing.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 Is Suddenly Worth $1 Trillion. What This Means For …

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Dec 18, 2024  · In recent weeks, Broadcom's stock has surged, pushing the company's market value over $1 trillion. Broadcom is crucial for companies seeking alternatives to Nvidia's AI chips.

businessinsider.com

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Better Artificial Intelligence Stock: Wolfspeed Vs. Broadcom

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Jan 8, 2025  · With an enterprise value of $6.1 billion, Wolfspeed doesn't look like a bargain at 8 times this year's sales. Broadcom, with an enterprise value of $1.13 trillion, might initially seem …

fool.com

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

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5 days ago  · Mathematically speaking, Oracle stock would have to soar by 72.3% over the next 18 months just to maintain its current P/E of 40.5, which would value the company at almost $800 …

nasdaq.com

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Top Analyst Revisits Broadcom Stock Price Target Amid December …

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Dec 23, 2024  · Broadcom shares have added around $250 billion in value this month.

thestreet.com

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3 Storage Devices Stocks To Watch Amid Industry Headwinds

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1 day ago  · It now expects revenues of $3.15 billion, indicating an 11.5% increase from the year-earlier level, up from the prior estimate of $3.1 billion with 10.5% growth.

nasdaq.com

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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...

youtube.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...

youtube.com

FAQs about Broadcom Valuation Soars Past $1 Trillion on AI Sales Boom 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 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. ...

Does Broadcom have a 13-figure valuation?

The latest stock surge saw Broadcom’s market cap climb above $1 trillion, making it just the ninth U.S. public company to reach the milestone. The only other companies that currently sport 13-figure valuations are the tech giants of the so-called “ Magnificent Seven,” which are also major customers of the semiconductor giant. ...

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. ...

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 AI Revenue perform in the past quarter?

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

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