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Leo Miller

Broadcom's Big Outperformance Shows Strength Amid Tariff Decline

Broadcom Donald Trump Apple MarketBeat

Amid all of the tariff-related volatility in the market, semiconductor leader Broadcom (NASDAQ: AVGO) has fared better than many. Since Trump’s tariff announcement hit markets on Apr. 3, shares of Broadcom are up nearly 8% as of the Apr. 9 close.

This performance is impressive, considering the S&P 500 Index is down nearly 3% over that period. The Invesco PHLX Semiconductor ETF (NASDAQ: SOXQ) is down 2%.

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