Open: 320.1 Close: 332.92 Change: 12.82

Today's Summary

Jefferies says alphabet’s spending plans are great for broadcom. The analyst sees a 60% surge. Micron Technology and Broadcom are both semiconductor stocks, but they each operate in different areas. Broadcom makes AI accelerator chips for networks and for hyperscalers to build their own AI systems and networks. Micron has the slight edge over Broadcom, but Broadcom is a better value. Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence. Broadcom helps Google make its custom tensor processing unit chips.