Broadcom (AVGO) shares rallied close to 20% following President Donald Trump’s 90-day pause onreciprocal tariffs. And it wasn’t just Broadcom. Peers Nvidia (NVDA), Qualcomc (QCOM), and Advanced Micro Devices (AMD) also witnessed significant upticks on Wednesday, April 9.
As of this writing on Thursday, April 10, the euphoria has faded, and Broadcom is trading down near 8%.
The big question now is has the risk-reward turned in favor of Broadcom? What are its competitive advantages that…