Broadcom Soars Following Nvidia’s Strong Earnings: What to Watch

Broadcom stock surged Wednesday, gaining 2.8% after the company unveiled groundbreaking new data center technology and benefited from positive momentum sparked by Nvidia’s better-than-expected quarterly results. This follows Nvidia’s impressive Q3 earnings report that fueled investor confidence in both the company’s product innovation and the broader AI infrastructure market. Analysts see Broadcom capitalizing on the AI boom, with many now bullish on its future prospects.