Why Broadcom Stock Is Gaining Today
AVGOBroadcom(AVGO) The Motley Fool·2024-08-22 23:13

Broadcom's future in AI keeps getting brighter.Broadcom (AVGO 1.96%) stock is climbing Thursday following new contract news. The company's share price was up 1.9% as of 11 a.m. ET, according to data from S&P Global Market Intelligence. The stock had been up as much as 4% earlier in the daily session, but it pulled back in subsequent trading in conjunction with moves for the broader market.According to a report published by Benzinga today, Broadcom has won new contracts to provide application specific integr ...