Broadcom Surges 24%, Hits $1 Trillion Market Cap Amid AI Boom

Dec 14, 2024  · Backed by a broad semiconductor sector rally, Broadcom Inc.'s (AVGO, Financial) shares soared 24% on Friday to push its market valuation to a new trillion mark.It comes after …


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Broadcom Surges 24%, Hits $1 Trillion Market Cap Amid AI Boom

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Dec 14, 2024  · Backed by a broad semiconductor sector rally, Broadcom Inc.'s (AVGO, Financial) shares soared 24% on Friday to push its market valuation to a new trillion mark.It comes after …

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Broadcom Is Closing In On $1 Trillion Market Cap. Here's How Many …

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Dec 14, 2024  · Based on the latest disclosed count of 4.67 billion shares outstanding, Broadcom's market cap would officially hit $1 trillion if the stock closed at or above $214.11.

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Broadcom Is Closing In On $1 Trillion Market Cap. Here’s How Many …

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Dec 14, 2024  · Broadcom’s stock AVGO shot up 19.4% in midday trading, sending it into record territory and putting it on track to break its record for a one-day gain of 15.8%, hit on March 29, …

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Broadcom Stock Closes Up 24%, Pushing Company Past $1 Trillion …

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Dec 13, 2024  · The company said AI revenue jumped 220% for the year to $12.2 billion. The stock popped in after-hours trading Thursday when Broadcom CEO Hock Tan said the …

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Broadcom Rockets Past $1 Trillion Market Cap Amid Stock Surge

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Dec 13, 2024  · The stock’s rally pushed Broadcom’s share price to a record high of $221.65, elevating its market capitalization beyond the $1 trillion threshold and marking a year-to-date …

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Broadcom Stock Closes Up 24%, Pushing Company Past $1 Trillion …

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Dec 13, 2024  · Shares of Broadcom closed up more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time. For the year, the company said a Broadcom …

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Broadcom’s Stock Soars 24%, Pushing Its Market Value Past $1 …

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Dec 14, 2024  · The jump comes after the company reported strong fourth-quarter earnings that not only beat Wall Street’s expectations. ... Pushing Its Market Value Past $1 Trillion – Here’s …

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Broadcom Joins The $1 Trillion Club: Is This Growth Stock A Buy …

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Dec 18, 2024  · After reporting its fiscal 2024 fourth-quarter (ended Nov. 3) results on Dec. 12, Broadcom (AVGO-0.49%) surged by 24.4% on Dec. 13 to a new all-time high and a market …

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Broadcom Valuation Soars Past US$1 Trillion On AI Sales Boom

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Dec 15, 2024  · The stock rose 24 per cent to US$224.80 in New York on Dec 13, its biggest one-day rally since August 2009 – the month when precursor company Avago Technologies held …

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Broadcom Stock Soars 24%, Hits $1 Trillion On AI Growth

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Dec 17, 2024  · Broadcom's market cap surpasses $1T as shares rise 24%, driven by strong AI chip revenue growth and better-than-expected Q4 results. Analysts remain bullish.

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Broadcom Stock Closes Up 24%, Pushing Company Past $1 Trillion …

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Dec 13, 2024  · News Summary: Shares of Broadcom popped more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time. - CNBC (United States) ...

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Broadcom Stock Closes Up 24%, Pushing Company Past $1 Trillion …

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Dec 13, 2024  · Shares of Broadcom closed up more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time. For the year, the company said artificial …

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Broadcom Hits $1 Trillion. Can It Continue Its Rally In 2025?

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Jan 1, 2025  · The stock market has seen multiple companies hit the $1 trillion mark in valuation in the past few years, the latest one being semiconductor company Broadcom (AVGO …

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Broadcom Is Now A $1 Trillion Company As Stock Surges 20% On AI …

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Dec 13, 2024  · Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion. Broadcom is now a $1 trillion company as …

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Broadcom Stock Jumps 21%, Pushing Company Past $1 Trillion …

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Dec 13, 2024  · The stock popped in after-hours trading Thursday when Broadcom CEO Hock Tan said the company is developing custom AI chips with large cloud customers. Broadcom’s net …

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Broadcom: Where AI And Hyperscalers Converge - Seeking Alpha

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Jan. 24, 2025 7:24 AM ET Broadcom Inc. (AVGO) Stock, AVGO ... 51% YOY to $14.1 billion. The company expects its Q1 2025 revenue to increase 22% YOY to $14.6 billion. ... of $1.1 trillion …

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Silicon Valley's Turn Of Fortune: Intel Has Worst Year Ever, While ...

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Dec 31, 2024  · Intel lost over 60% of its value in 2024, the biggest drop in its 53 years as a public company. Broadcom's stock price more than doubled.

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Broadcom Hits $1 Trillion. Can It Continue Its Rally In 2025?

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Jan 1, 2025  · The stock market has seen multiple companies hit the $1 trillion mark in valuation in the past few years, the latest one being semiconductor company Broadcom (NASDAQ: …

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Will Chip Giant Broadcom Be The Next $1 Trillion Company?

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Nov 23, 2024  · With around 30% growth expected in 2025, plus the need for its stock price to rise about 30% to achieve a $1 trillion valuation, don't be surprised if Broadcom becomes the next …

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FAQs about Broadcom Surges 24%, Hits $1 Trillion Market Cap Amid AI Boom Coupon?

How did Broadcom's fourth quarter impact its market cap?

Shares of Broadcom closed up more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time. For the year, the company said artificial intelligence revenue jumped 220% to $12.2 billion. Broadcom reported $14.05 billion in revenue for the fourth quarter, up 51% year over year. ...

What happened to Broadcom's market cap in 2024?

A sign is posted in front of a Broadcom office in San Jose, California, on Dec. 12, 2024. Shares of Broadcom closed up more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time. For the year, the company said artificial intelligence revenue jumped 220% to $12.2 billion. ...

How did Broadcom perform in the fourth quarter?

Broadcom reported $14.05 billion in revenue for the fourth quarter, up 51% year over year. Shares of Broadcom closed up more than 24% Friday, pushing the company's market cap beyond $1 trillion for the first time. It's Broadcom's best trading day on record. ...

How big is Broadcom's market cap?

That rally pushed the company's market capitalization up to $1.01 trillion. Based on the latest disclosed count of 4.67 billion shares outstanding, Broadcom's market cap would officially hit $1 trillion if the stock closed at or above $214.11. ...

Why did Broadcom stock pop in after-hours trading?

The stock popped in after-hours trading Thursday when Broadcom CEO Hock Tan said the company is developing custom AI chips with large cloud customers. Broadcom's net income came in at $4.32 billion, or 90 cents per share, up 23% from $3.52 billion, or 83 cents per share, in the same quarter a year earlier. ...

What happened to Broadcom's stock in midday trading?

Broadcom's stock (AVGO) shot up 19.4% in midday trading, sending it into record territory and putting it on track to break its record for a one-day gain of 15.8%, hit on March 29, 2020. That rally pushed the company's market capitalization up to $1.01 trillion. ...

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