Stock Climbs As Meta and Microsoft Results Signal Soaring AI And Data Center Demand
benzinga.com/news/25/05/45138493/broadcom-avgo-stock-climbs-as-meta-and-microsoft-results-signal-soaring-ai-and-data-center-demand
Broadcom Inc (NASDAQ:AVGO) saw its stock rise 3.3% to $198.83 Thursday following blockbuster earnings reports from both Meta Platforms and Microsoft Corp, which highlighted surging capital expenditures and expanding cloud infrastructure—key areas where Broadcom is deeply entrenched.
What…
This story appeared on benzinga.com, 2025-05-01 14:31:21.