Broadcom breakout in the cards as key indicators target $285
AVGOBroadcom(AVGO) Finbold·2024-08-23 17:13

As the semiconductor industry continues to flourish, driven by the expanding demand for 5G,  artificial intelligence (AI), and the Internet of Things (IoT), Broadcom (NASDAQ: AVGO) stands out as a key player poised for significant growth. With a market capitalization of $771.41 billion, Broadcom has delivered substantial returns, including a year-to-date (YTD) increase of 48% and a 6-month gain of 24%.However, the stock recently experienced a minor pullback, losing 2.08% in the latest trading session on Aug ...