Broadcom Stock Pops as Earnings and Outlook Beat Expectations on Strong Demand for Custom Artificial Intelligence (AI) Chips

Biztoc.com - March 7, 2025

Broadcom Stock Pops as Earnings and Outlook Beat Expectations on Strong Demand for Custom Artificial Intelligence (AI) Chips

In This Article: Shares of Broadcom (NASDAQ: AVGO) gained 12.8% in Thursday's after-hours trading, following the semiconductor and infrastructure software maker's release of its report for the first quarter of fiscal year 2025 (ended Feb. 2). The stock's rise…

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