Broadcom (AVGO) Shares Surge 11.1% on Dovish Fed Hopes, Nears 52-Week High

Broadcom Inc (NASDAQ:AVGO) shares jumped 11.0994% in pre-market trading on Nov. 25, 2025, as optimism over Fed rate-cut expectations lifted semiconductor stocks. The surge followed dovish comments from Federal Reserve Governor Christopher Waller, which reduced policy uncertainty and fueled risk-on sentiment across markets.

The stock is currently trading near its 52-week high of $386.48, with technical indicators suggesting potential for further gains. AVGO is 7.5% above its 50-day moving average and 40% above its 200-day average, while its RSI of 43.83 indicates a neutral stance. Key resistance lies at $376.08, with a breakout potentially pushing the stock toward record levels. Conversely, a drop below $337.27 support could dampen bullish momentum in the short term.

Broader market strength, driven by tech and mega-cap stocks, reinforced AVGO’s rally. Investors are now pricing in a 76.9% probability of a 25-basis-point rate cut in December, up sharply from 42% a week ago. This aligns with Broadcom’s position as a market leader in semiconductors, where strong fundamentals and rising chip demand underpin its long-term growth trajectory.

A visual representation of the stock’s key price levels and technical indicators would help in assessing its next potential moves. A chart showing AVGO’s proximity to its 52-week high, 50-day and 200-day moving averages, and RSI levels could provide clarity on its short- and long-term trajectory.

A backtesting strategy could focus on AVGO’s price action near key levels. A breakout above $376.08 with high volume might validate a bullish case, while a rejection below $337.27 could signal caution. Position sizing should account for the stock’s $1.61 trillion market cap and sector influence, balancing aggressive moves with risk management.