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
€337.80
0.490%
With 82 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 396 € there is a slightly positive potential of 17.23% for Broadcom Ltd. compared to the current price of 337.8 €.
