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.
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Source Fool.com