Reported about 7 hours ago
Broadcom's shares rose 15% in April following the announcement of a $10 billion share buyback program and positive analyst forecasts. The stock rebounded after initial declines due to trade tariff concerns, gaining 5.4% shortly after the buyback announcement and another 19% on news of a tariff pause. The company's advancements in artificial intelligence also contributed to its momentum, positioning Broadcom favorably in the competitive chip market.
Source: YAHOO