Why Broadcom Stock Popped Tuesday Morning
The semiconductor and networking specialist is gaining ground thanks to robust guidance from another AI chipmaker.
Overview
Shares of Broadcom (NASDAQ:AVGO) gained ground on Tuesday, climbing as much as 4.6%. As of 1:24 p.m. ET, the stock was still up 4.3%.
The catalyst that sent the semiconductor specialist higher was Marvell Technology's (NASDAQ:MRVL) bullish investor day presentation.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.