Shares of silicon and software giant (NASDAQ: AVGO) surged as much as 10% on Monday, before settling into a 9.5% gain as of 1:15 p.m. ET.

Monday's rally came after a near-25% surge on Friday, the day after the company reported earnings that contained blowout long-term guidance for the company's artificial intelligence (AI) chip business.

It appears as though Broadcom is now seeing a follow-through rally Monday, helped along by a positive Wall Street analyst note.

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Source Fool.com