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ADCT News2 articles
Broadcom Surges 7% on AI Infrastructure Spending Optimism
Broadcom shares rallied over 7% Friday, closing at $332.92, fueled by renewed investor focus on AI data-center capital expenditure. The company's next earnings report is scheduled for March 4.
Broadcom Surges 7% on Renewed AI Infrastructure Spending Optimism
Broadcom shares rallied 7.2% to $332.92 Friday, lifted by Amazon and Alphabet's plans to boost AI infrastructure budgets. The stock remains nearly 20% below its December peak.