Broadcom Stock News

The rout doesn't mean run for the exits, but investors should choose semiconductor names wisely.

There's a chance Broadcom stock drops down to around 300 soon. So let's look at a butterfly trade centered at that level.

Shares of Intel, Advanced Micro Devices AMD and Broadcom fell sharply on Friday as investors reassessed semiconductor demand following a dismal forecast from Intel. The retreat was led by Intel after the chipmaker issued a weaker-than-expected forecast, while Amazon's latest results added to concerns over the cost of building AI infrastructure.

Broadcom stock and Macom Technology Solutions stock received upgrades from Wall Street analysts on Tuesday as chip stocks overall rallied.

Broadcom shares are on the rise as the chipmaker strengthens its ties with Claude maker Anthropic ahead of what's expected to be a historic initial public offering.

Broadcom's stock has gone nowhere this year, but an analyst thinks it and other quality chip stocks like Nvidia will soon start trading at higher valuations.

Broadcom shares AVGO rose over 4% on Tuesday after investment firm DA Davidson upgraded the chipmaker to Buy from Neutral and raised its price target, citing the potential for continued artificial intelligence spending and upcoming public offerings by major AI developers. The stock also gained support from news of a $63 billion financing arrangement involving Bank of America, Blackstone, Citigr...

Broadcom stock was rising as Wall Street welcomes details of its work with Anthropic.