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Why Broadcom Stock Jumped Today


(NASDAQ: AVGO) stock rose to a new all-time high in Wednesday's daily session. The company's share price gained 3.5% in a day of trading that saw the S 500 trade flat and the Nasdaq Composite gain 0.5%.

The connectivity and software solutions specialist got a valuation boost today thanks to news that Nvidia is teaming up with to build a new supercomputer. Broadcom stock is now up 66.5% across 2025's trading.

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€296.00
-0.100%

With 94 Buy predictions and 1 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 342 € there is a slightly positive potential of 15.54% for Broadcom Ltd. compared to the current price of 296.0 €.
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