🟢 AVGO is trading 3.5% up today on multi-year Apple custom-silicon supply agreement

AVGO is trading 3.5% up at $383.86 following the announcement of multi-year custom ASIC silicon supply agreements with Apple through 2031.

• The deal represents a major long-term revenue and AI infrastructure win that investors continue to price in after initial gains earlier this week.
• Shares are rebounding from recent volatility and outperforming a slightly weaker broader market.