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Apple (AAPL) Rises as Broadcom Custom Chip Pact Extends Through 2031

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The Nasdaq rose over 1% and the Dow hit a record high.
  • Apple shares gained 1.3% following an agreement to expand its partnership with Broadcom through 2031 to develop custom chips.
  • Tech and semiconductor stocks rebounded strongly ahead of the upcoming earnings season.
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AAPL price history

332.27 +20.75% over the displayed period

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