Why Broadcom (AVGO) Is Surging Today After Nvidia’s Blowout Earnings
Broadcom shares rose after Nvidia’s strong Q3 results and the company’s launch of new 128G Fibre Channel platforms for AI workloads.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Nvidia shares rose in premarket trading after the company announced a multiyear deal to supply Meta with millions of AI chips, expanding its role in powering Meta’s data centers.
Broadcom shares rose after Nvidia’s strong Q3 results and the company’s launch of new 128G Fibre Channel platforms for AI workloads.
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