The Latest Breaking News from AVGO

Bullish speculators seemingly lack no shortage of justifications for their stance in semiconductor and software giant Broadcom Inc. (NASDAQ:AVGO). Earlier in the week, AVGO stock shot up amid the backdrop of the U.S. government announcing its latest round of sanctions, specifically targeting the Chinese semiconductor industry.

Shares of Broadcom have gained roughly 3.5% since Monday's open. The U.S. government announced its latest sanctions targeting China's semiconductor industry.

With global digitization accelerating, the semiconductor industry is undergoing transformative changes, creating robust opportunities for investors. Thus, to gain exposure in this sector, it might be wise for you to watch semiconductor ETFs like First Trust Nasdaq Semiconductor (FTXL), iShares Semiconductor (SOXX), and VanEck Semiconductor (SMH). Keep reading….

Broadcom has outperformed the broader market over the past year, and analysts remain highly optimistic about its future prospects.

It was a tough Q3 earnings season for chip stocks, but Citi says that 2025 should bring more upside.

With rapid digitalization, supportive government initiatives, and robust global demand, the semiconductor market is on the rise. Amid this backdrop, investors could watchlist fundamentally solid semiconductor stocks Broadcom (AVGO), NVIDIA (NVDA), and Micron Technology (MU) before the next earnings. Continue reading.

With a new strategic partnership under its belt, can Broadcom steal AI chip king Nvidia’s crown?

Broadcom is expected to release its fourth-quarter earnings in December, and analysts expect a double-digit surge in earnings.

With demand for AI chips skyrocketing, chip giant Broadcom is tantalizingly close to the milestone of crossing the $1 trillion mark.