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Broadcom Inc. (AVGO)
After hours:
| Previous close | 808.36 |
| Open | 811.24 |
| Bid | 829.08 x 1100 |
| Ask | 834.60 x 1200 |
| Day's range | 810.38 - 830.58 |
| 52-week range | 415.07 - 923.67 |
| Volume | |
| Avg. volume | 2,380,662 |
| Market cap | 342.19B |
| Beta (5Y monthly) | 1.12 |
| PE ratio (TTM) | 25.51 |
| EPS (TTM) | 32.50 |
| Earnings date | 06 Dec 2023 - 11 Dec 2023 |
| Forward dividend & yield | 18.40 (2.28%) |
| Ex-dividend date | 20 Sept 2023 |
| 1y target est | 960.65 |
Motley FoolWhy Broadcom Stock Was on the Rebound Today
After sliding yesterday on a report by the tech news website The Information that Broadcom (NASDAQ: AVGO) could lose Alphabet's(NASDAQ: GOOG) (NASDAQ: GOOGL) Google as a customer for its AI chips, the company's shares were bouncing back today as multiple sources pushed back on that idea. As a result, Broadcom stock finished Friday up 2.6%, essentially recouping all of its losses from yesterday. Several Wall Street analysts questioned the notion that Google would ditch Broadcom as its tensor processing unit supplier.
Motley Fool1 Chip Stock Trying to Mount a Massive Comeback: Is It Time to Buy Now?
One smaller manufacturer that underperformed in recent years is Qorvo (NASDAQ: QRVO). Qorvo is the result of a 2015 "merger of equals" between RF Micro Devices and TriQuint Semiconductor. The deal created what was hoped would be a new powerhouse in manufacturing of radio frequency (mobile connectivity) chips and related analog chips.
