Broadcom (NASDAQ: AVGO) shares climbed after the company posted strong fiscal Q2 results, with a 20% year-over-year revenue increase to $15 billion, fueled by a 46% surge in AI-related chip sales totaling $4.4 billion. While forward guidance was more reserved, the standout AI performance overshadowed broader concerns, prompting analyst upgrades and renewed investor confidence in Broadcom’s long-term positioning in the data infrastructure and AI markets.
As of the most recent trading session on June 11, 2025, Broadcom stock (NASDAQ: AVGO) is trading at $251.36, up 2.75% from the prior close.
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About Broadcom Inc.
Broadcom Inc. is a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions. The company’s product portfolio serves critical markets including data center, networking, broadband, wireless, storage, and industrial. Broadcom is headquartered in Palo Alto, California.
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