Comment on Broadcom enters the trillion-dollar club on AI strength

Broadcom enters the trillion-dollar club on AI strength

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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