Broadcom Enters The Trillion-dollar Club On Ai Strength

Michael Grothaus, Fast Company
Fri, 12/13/2024 - 3:30pm

The semiconductor giant’s Q4 results underwhelm analysts on total revenue, but skyrocketing AI sales spur a stock rally that places Broadcom among America’s tech elite. Shares in the semiconductor giant Broadcom (Nasdaq: AVGO) are urging in early market trading this morning after the company announced its Q4 2024 earnings, in which it revealed that its AI revenue skyrocketed 220%.

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Topics:  america s   shares   broadcom nasdaq   avgo    q4   ai   broadcom   avgo   trillion-dollar   giant   revenue   market   tech   semiconductor   
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