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.
Source Fool.com
Broadcom Ltd. Stock
€316.90
4.430%
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..


