🟢 AVGO is trading 3.6% up today after Google signals massive AI infrastructure spending surge

AVGO is trading at $319.00, up 3.6%, after Alphabet’s earnings report revealed a dramatic acceleration in AI infrastructure spending.

• Google announced expectations to spend as much as $185 billion on capital expenditures in 2026—nearly double the prior year's investment—with much of the funding directed toward AI data centers.
• The positive catalyst for semiconductor demand allowed Broadcom to decouple from broader market weakness, as the Nasdaq Composite and S&P 500 declined on recession concerns and tech sector profit-taking.
• Broadcom shares saw significant momentum leading into the session, surging 5.62% during premarket trading following the Alphabet announcement.