Why Broadcom Stock Jumped Today
(NASDAQ: AVGO) stock rose to a new all-time high in Wednesday's daily session. The company's share price gained 3.5% in a day of trading that saw the S 500 trade flat and the Nasdaq Composite gain 0.5%.
The connectivity and software solutions specialist got a valuation boost today thanks to news that Nvidia is teaming up with to build a new supercomputer. Broadcom stock is now up 66.5% across 2025's trading.
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Stock
€280.25
0.880%
The stock is one of the favorites of our community with 95 Buy predictions and 2 Sell predictions.
As a result the target price of 300 € shows a slightly positive potential of 7.05% compared to the current price of 280.25 € for Broadcom Ltd..
