AVGO has been in the news 333% more than usual
Apr 03, 2025, 6:30 PM
29.35%
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 is attracting investors seeking stability in dividend stocks, offering a 1.4% yield and a potential 54% upside amid market volatility driven by tariffs. As tariffs on Chinese goods rise to 54%, companies like Apple and Lululemon are facing significant declines in their stock prices and projected earnings.
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