March 01, 2026 22:04 (London Time)

Broadcom

Sector: Semiconductors & Semiconductor Eq…

Open: 310.7 Close: 319.55 Change: 8.85

Today's Summary

Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence. Broadcom has a burgeoning custom business focusing on chips called ASICs, which some experts believe may be more efficient for some artificial intelligence workloads. Broadcom (AVGO) delivered a blockbuster fiscal third-quarter earnings report yesterday that solidifies its position. The most popular division by far is Broadcoms AI semiconductors. Broadcom has emerged into the AI computing scene thanks to its ASICs.

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March 01, 2026 22:04 (London Time)

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