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Why Broadcom Stock Skyrocketed Monday Morning


Shares of (NASDAQ: AVGO) surged higher on Monday, jumping as much as 10.6%. As of 12:38 p.m. ET, the stock was still up 10.2%.

The catalyst that sent the networking specialist higher was word of a new partnership for its custom artificial intelligence (AI) chips.

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€316.90
4.430%
A very strong showing by Broadcom Ltd. today, with an increase of €13.45 (4.430%) compared to yesterday's price.
The stock is one of the favorites of our community with 87 Buy predictions and 1 Sell predictions.
As a result the target price of 358 € shows a slightly positive potential of 12.97% compared to the current price of 316.9 € for Broadcom Ltd..
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