Broadcom Stock Discussion

$Broadcom (AVGO.US)$ just wait er

We see consitent gain over past few weeks. Most of the time the gain is moderate. Yesterday was great. It has been a while to see big gain that is coming from across the entire portfolio. $Tesla (TSLA.US)$ continued the trajectory of gain and contributed a big part it
I am expecting some pullback after many days of gain. The other reason is the hot PPI number that shows that inflation might still be a concern. However, for today, the semicon and AI stocks will need to pay att...

Facing performance limitations in existing chips, $Apple (AAPL.US)$ is developing "Baltra," its first AI-optimized server chip, in collaboration with $Broadcom (AVGO.US)$ on AI networking technology. The move aims to reduce reliance on $NVIDIA (NVDA.US)$ and lower costs. Following the news, Broadcom shares jumped over 6%, and Apple hit a record high.
Apple’s software updates now feature Siri with ChatG...

$Nasdaq Composite Index (.IXIC.US)$surged nearly 2%, breaking 20,000 for the first time, while $Dow Jones Industrial Average (.DJI.US)$declined. $Tesla (TSLA.US)$ led tech giants to record highs, with Tesla and $Alphabet-C (GOOG.US)$up nearly 6%, joined by $Meta Platforms (META.US)$ , $Amazon (AMZN.US)$ , and $Netflix (NFLX.US)$ at new peaks. The semiconductor index gained nearly 3%, with $NVIDIA (NVDA.US)$up over 3% and $Broadcom (AVGO.US)$nearly 7%. $Apple (AAPL.US)$ hit a record high before r...

$Broadcom (AVGO.US)$ is expected to report its quarterly earnings for the period ending 31 October 2024 on 12 December after market close.
AVGO is expected to report a 51.6% increase in revenue to $14.091 billion from $9.3 billion a year ago. This is higher than the revenue guidance given on 05 September 2024 for the period ending 31 October which is expected for $14 billion.
AVGO is expected to show a rise in quar...

$Broadcom (AVGO.US)$ lets see earnings, will impact the rest of chips.