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Broadcom Stock Surges 12% in 5 Days Fueled by AI Demand

Broadcom Stock Surges 12% in 5 Days Fueled by AI Demand

Author:

Global Cryptocurrency

Published:

2025-11-25 21:53:01

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BTCCSquare news:

Broadcom shares rallied 12% over five trading sessions, with a 10% single-day surge on Monday followed by incremental gains Tuesday. The semiconductor giant's ascent mirrors Alphabet's AI-driven momentum, as Broadcom supplies custom tensor processing units (TPUs) for Google's Gemini 3 model.

Melius Research highlights Broadcom's TPUs as the second-most proven AI chips after Nvidia's GPUs, with Google Cloud's expansion creating a durable revenue stream. Raymond James reinforced the bullish thesis with a $420 price target, citing Broadcom's strategic position in the AI infrastructure buildout alongside peers like Nvidia and AMD.

By:

Tech Chipmakers Slide on Google AI Deal Rumors; Best Buy Surges on Earnings Beat

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