Shares of Broadcom (AVGO) are soaring on Thursday after the semiconductor giant unveiled plans for a 10-for-1 stock split. This strategic move follows the...
) are soaring on Thursday after the semiconductor giant unveiled plans for a 10-for-1 stock split. This strategic move follows the company's second-quarter earnings beat, fueled by robust demand for its artificial intelligence offerings.
But the CEO of Broadcom throwing cold water on that idea kind of saying we're truly not a competitor. So it's interesting to see and of course, as, as Stacy mentioned, the fact that he sees this as the second biggest A I play regardless.And you're also looking at Broadcom shares, they have been up just around 15% year earlier in trading on track for one of its best days that it's had or the best day that it's had going back to 2020.
Broadcom Artificial Intelligence Robust Demand
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