🟢 AVGO is trading 3.7% up today as AI revenue doubles in Q1 earnings beat

AVGO is trading at $329.25 (+3.69%) following a strong Q1 2026 earnings report where AI-driven demand pushed results past analyst expectations.

• Revenue reached $19.31B (up 29% YoY) with AI revenue surging 106% to $8.4B, exceeding forecasts due to high demand for custom accelerators and networking solutions.
• The company reported non-GAAP EPS of $2.05, significantly outperforming the broader market as the S&P 500 and Nasdaq trade down 1.18% and 1.09% respectively.