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MarketBeat
MarketBeat
Business
Leo Miller

Broadcom Hits $2 Trillion Market Cap as Google Reveals New AI Chips

As Broadcom (NASDAQ: AVGO) has surged to new all-time highs, the firm has a key partner to thank: Google parent company Alphabet (NASDAQ: GOOGL).

On April 22, the semiconductor giant moved to what was at the time a record closing high near $422. In turn, Broadcom briefly eclipsed a $2 trillion market capitalization.

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