Reported about 11 hours ago
Broadcom Inc. (NASDAQ:AVGO) experienced a significant stock surge after reporting record revenues of $16 billion in the third quarter of 2025, marking a 22% year-over-year increase. Despite a recent one-month decline of -6.75%, its shares have risen 85.34% in value over the past year. The investment management firm ClearBridge highlighted Broadcom's role in the AI sector as a key factor in its strong performance, emphasizing the company's solid fundamentals and leadership in navigating the evolving tech landscape.
Source: YAHOO