Marvell Shares Face Monday Test After AI-Driven Climb

Broadcom Reports Earnings June 3. Time to Buy?

Key PointsBroadcom's AI revenue grew 106% in its latest quarter.Management sees a path to more than $100 billion in AI chip revenue in 2027.The stock closed at a record high heading into the June 3 report.10 stocks we like better than Broadcom › Shares of Broadcom (NASDAQ: AVGO) jumped nearly 5% on Friday to close at an all-time high of $446.77, pushing the chip designer's market capitalization past $2.1 trillion as of this writing. The timing o…

Broadcom Stock Priced For Perfection Ahead Of Market Defining Earnings - Broadcom (NASDAQ:AVGO)

Broadcom (NASDAQ:AVGO) stock continued its strong bull run last week, reaching a new record high, helped by the recent strong earnings by some of the top players in the artificial intelligence industry like Dell (NASDAQ:DELL) and Marvell Technology (NASDAQ:MRVL). It has jumped by 55% from its lowest point this year. Broadcom Stock is Expensive Ahead of Earnings AVGO stock has been in a prolonged bull market that has brought its market capitaliza…

Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally

Broadcom soared 4.73% to a record $446.77 Friday, up 7.9% for the week, ahead of its June 3 fiscal Q2 report seen as a key test for AI chip demand. The company previously guided for $22 billion in Q2 revenue, with $10.7 billion from AI chips. Analysts raised price targets, citing strong custom XPU momentum. Broadcom is also backing Anthropic’s $36 billion AI hardware financing. Investors await management’s outlook and July-quarter guidance. The …