Broadcom Inc. shares rise 1.97% premarket as AI-driven spending fuels cloud revenue surge.
ByAinvest
Thursday, Jul 24, 2025 9:29 am ET1min read
AVGO--
Broadcom Inc. rose 1.97% in premarket trading. The price movement aligns with the news that Alphabet's stock jumped due to AI-driven spending fueling a cloud revenue surge. Additionally, Alphabet's second-quarter results topped views amid services and cloud strength, which could have positively influenced the broader tech sector, including Broadcom.
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