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International Business Times
International Business Times
Business

Broadcom Inc. Stock Climbs Toward $336 as Q1 Earnings Beat Fuels AI Optimism, Shares Up 0.9% Midday March 6

Broadcom Inc. (NASDAQ: AVGO) shares advanced modestly Friday, March 6, 2026, trading around $335.84 midday, up approximately 0.93% or $3.10 from Thursday's close of $332.74, as investors digested the company's strong fiscal first-quarter results and robust guidance tied to surging artificial intelligence demand.

The Palo Alto-based semiconductor and software giant has seen elevated trading volume in recent sessions, with Friday's activity approaching 13 million shares by mid-morning, above the recent average. The stock opened at $328.17 and ranged from $327.40 to $339.62 intraday, reflecting continued enthusiasm following the March 4 earnings release.

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