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Broadcom Shares Rise on Nvidia’s Strong Earnings and AI Optimism

Broadcom Shares Rise on Nvidia’s Strong Earnings and AI Optimism

Author:

Global Cryptocurrency

Published:

2025-11-20 12:31:44

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BTCCSquare news:

Broadcom (AVGO) stock climbed nearly 3% in pre-market trading, building on a 4% gain from the previous session. The rally follows Nvidia's (NVDA) better-than-expected Q3 earnings, which alleviated fears of an AI bubble and reinvigorated market confidence in semiconductor stocks.

Nvidia's robust forecast underscored sustained demand for AI chips and data center solutions, serving as a bellwether for the sector. Broadcom's simultaneous announcement of new product launches further bolstered investor sentiment.

The semiconductor sector's momentum reflects growing institutional conviction in AI's long-term viability. As capital flows into foundational chipmakers, secondary beneficiaries like Broadcom are capturing spillover demand.

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