Broadcom Inc. (AVGO) concluded the recent trading session at $1,337.51, signifying a +0.35% move from its prior day's close.
Chipmaker Broadcom is Monday's IBD Stock Of The Day as it enjoys a tailwind from the artificial intelligence trend.
Jefferies analysts are upbeat on the artificial-intelligence outlook for Astera Labs, Marvell, Broadcom, and AMD, along with top pick Nvidia.