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Broadcom Just Had Its Best Day in Nearly a Year, Back Above $1.5 Trillion
Broadcom (AVGO) surged 9% on a sector-wide chip rally, yet it still sits 34% below its June record despite AI sales tripling.
Broadcom's $1.53 trillion value edges out Tesla (TSLA) by just $30 billion, while NVIDIA (NVDA) fell 4% as the only index decliner after a board probe.
December 9 earnings will test whether Broadcom delivers $22 billion in AI revenue and a confirmed 2027 outlook to justify the 64% upside analysts see.
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