AVGO is trading at $349.01 (+4.50%) in pre-market, extending gains on new AI chip deals with Google and Anthropic alongside a broader market rally.
- The stock continues its upward trajectory after yesterday's 6% rise, fueled by high-profile partnerships and Broadcom's expanding role in the AI infrastructure space.
- Broader market sentiment has turned bullish, with Nasdaq futures climbing 3.18% on reports of a US-Iran ceasefire, boosting risk assets after recent geopolitical tensions.