Broadcom Inc. NASDAQ: AVGO continues to be a central player in the AI infrastructure build-out, and recent developments across the tech landscape may strengthen its growth outlook. Despite lingering market concerns about the pace and durability of AI-related spending, recent earnings season delivered a series of encouraging signals.
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Back in 2023, only 27% of the stocks in the S&P 500 outperformed the broader index. That ratio, which represented its lowest percentage in three decades, and only rose to 28% in 2024.
Shares of Broadcom (AVGO -0.90%) were bucking the broader trend in the market last month as a well-timed buyback announcement, generally positive analyst research, and a new product announcement lifted the stock.
PALO ALTO, Calif. , May 5, 2025 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its second quarter fiscal year 2025 financial results and business outlook on Thursday, June 5, 2025 after the close of the market.
In a year of uncertainty for the economy, leading companies in artificial intelligence (AI) are standing out. Wall Street analysts recently made bullish calls on Broadcom (AVGO 3.17%) and ServiceNow (NOW 2.00%).
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