Broadcom's Trading Volume Drops 23% but Ranks 16th in Market with Two-Day Gain
Generated by AI AgentAinvest Market Brief
Tuesday, May 20, 2025 8:07 pm ET1min read
AVGO--
On May 20, 2025, Broadcom's trading volume reached 27.02 billion, a 23.11% decrease from the previous day, ranking 16th in the day's stock market. BroadcomAVGO-- (AVGO) rose 0.46%, marking two consecutive days of gains, with a total increase of 1.34% over the past two days.
Broadcom's semiconductor solutions, particularly in custom silicon for AI and cloud, are expected to benefit from the sustained and rising capital expenditure (CAPEX) by hyperscalers, indicating robust near-term growth.
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