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Broadcom stock rebounds into holiday weekend as AI-chip debate stays hot
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Broadcom stock rebounds into holiday weekend as AI-chip debate stays hot
Broadcom jumped 4.7% to $411.35 Thursday, rebounding after a post-earnings selloff but still 16.9% below its June 3 high, as investors weigh AI chip growth against missed revenue estimates and a $3 billion debt buyback ahead of a June 22 tender deadline and dividend record date. The post Broadcom stock rebounds into holiday weekend as AI-chip debate stays hot appeared first on TechStock².
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