AVGO has been in the news 311% more than usual
Oct 14, 2025, 12:31 AM
-1.05%
What does AVGO do
Broadcom, headquartered in Palo Alto, California, offers semiconductor and infrastructure software solutions, employing 20,000 people since its IPO on August 6, 2009. Its products serve various markets, including cloud and enterprise software.
AVGO has been in the news recently: Broadcom has partnered with OpenAI to develop 10 gigawatts of AI accelerators, contributing to a 7% increase in Broadcom's shares due to rising industry demand. The collaboration is part of a larger $500 billion chip initiative aimed at advancing AI technologies.
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