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Benzinga
Benzinga
Business
Anusuya Lahiri

THE TRUTH ABOUT: Broadcom stock is trending what s going on - Caught on Camera

BroadcomSeptember,9,,2019,Sunnyvale, - ,Ca, - ,Usa,-,Broadcom

Broadcom (NASDAQ:AVGO) stock is trending along with its peers, Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), as major tech companies rapidly upgrade their chip capabilities to meet soaring global demand for artificial intelligence and strengthen their market positions.

Broadcom leads the Application-Specific Integrated Circuit (ASIC) market by designing and manufacturing custom silicon chips tailored for high-performance computing, networking, and storage.

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