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Business

Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap on AI Growth - Yahoo Finance

CEO Hock Tan projected the AI market for Broadcom could expand up to $90 billion by fiscal 2027.

By: Yahoo Entertainment
  • Dec 15 2024
  • 0
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Driven by robust expansion in its artificial intelligence business, Broadcom Inc. (AVGO, Financials) announced a 51% year-over-year rise in sales for its fiscal fourth quarter. By fiscal 2027, the co… [+1596 chars]
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