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Broadcom (AVGO) Soars as Alphabet (GOOGL) AI Spending and Nvidia (NVDA) Outlook Boost Chips

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Broadcom shares rose significantly following Alphabet's $80 billion infrastructure investment plan, which benefits custom chip design, and Nvidia CEO Jensen Huang's bullish long-term outlook for the semiconductor sector, specifically noting the growth potential for companies like Marvell, which shares similarities with Broadcom.
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NVDA price history

219.07 +22.05% over the displayed period

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