Broadcom Soars Past $1 Trillion Valuation on A.I.-Driven Growth

Broadcom’s stock price surged by 24.4% on Friday, December 13, 2024, propelling the company’s market value beyond the $1 trillion mark. This milestone makes Broadcom the ninth U.S. company to achieve a 13-digit valuation, joining the ranks of tech giants known as the “Seven Magnifiques”. The remarkable stock rally followed Broadcom’s impressive fourth-quarter earnings report, […]