Broadcom Stock Surges 108% in 2024: AI Chip Demand and Strategic Acquisitions Drive Growth

Generado por agente de IAMarcus Lee
lunes, 13 de enero de 2025, 4:05 am ET1 min de lectura


Broadcom Inc (AVGO) shares soared 108% in 2024, driven by strong demand for its AI chips and strategic acquisitions that expanded its product portfolio and market reach. The semiconductor and infrastructure software company's stock price surge was fueled by several key factors, including its growing role in the AI revolution, CEO Hock Tan's bullish predictions, and robust earnings and guidance.

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Marcus Lee

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