Broadcom Inc is trading 3.1% up at $405.00 in pre-market, extending a strong rebound in semiconductor shares as investors rotate back into the sector.
- J.P. Morgan analysts reiterated a bullish outlook on the stock, noting that investors are rotating back into chip names despite recent weakness following so-so guidance.
- The current move follows a 4.3% gain on June 17, 2026, and aligns with broader risk-on sentiment across equity futures.