The Latest Breaking News from AVGO

The financial services major highlights strong ASIC demand to make a bull case for the semiconductor company.

After a massive rally, Broadcom sits at the uncomfortable intersection of elite business quality and uncomfortable valuation. That tension is exactly why the stock remains so compelling.

The S&P 500 Index ($SPX ) (SPY ) today is down up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +1.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.52%. Stock indexes are mixed today, with the Nasdaq 100 falling to...

December S&P 500 E-Mini futures (ESZ25) are down -0.35%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.65% this morning as Oracle rekindled worries about the massive spending tied to artificial intelligence, overshadowing optimism over the Federal Reserve’s latest interest-rate cut.

Dividends are a great way to build up a passive income stream, but growing distributions is key. These firms have the potential to do just that.

Broadcom is a megacap tech stock that is gaining traction in the AI segment, making it a top investment to pick up before the new year.

The AI infrastructure build-out has not yet peaked. In fact, AI cap ex spending is accelerating, said Ben Powell, chief investment strategist for APAC at the BlackRock Investment Institute.  

Broadcom Inc. (NASDAQ:AVGO) is poised to deliver stronger-than-expected quarterly results as surging demand for artificial intelligence chips and data center networking products accelerates growth across its semiconductor and infrastructure businesses.

After its OpenAI deal and receiving AI tailwinds from Google, Broadcom continues to climb. See what to watch for in AVOG's highly anticipated Dec. 11 earnings.