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Benzinga
Benzinga
Business
Anusuya Lahiri

Broadcom Stock Jumps After Nvidia Forecasts Massive AI Demand

Nvidia Broadcom Nasdaq AVGO NVDA Nvidia Corp Apple Meta Microsoft
Broadcom

Broadcom Inc. (NASDAQ:AVGO) shares rose Thursday after Nvidia Corp. (NASDAQ:NVDA) delivered strong quarterly results that reinforced investor confidence in the AI-driven demand cycle.

Nvidia late Wednesday delivered earnings that far exceeded expectations, underscoring relentless demand for AI chips.

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