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.
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Source Fool.com
Broadcom Ltd. Stock
€337.80
0.490%
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 396 € shows a slightly positive potential of 17.23% compared to the current price of 337.8 € for Broadcom Ltd..
