By Yuvraj Malik
Publication Date: 2026-06-03 05:38:00
-
AVGO stock has gained 66% from a recent low on March 30.
-
Broadcom will issue its results after the markets close on Wednesday; analysts expect a 47% rise in revenue and 52% growth in adjusted net profit.
-
Stocktwits sentiment for AVGO moved higher over the past week and was ‘extremely bullish’ early Wednesday.
Broadcom is seeing heightened optimism from retail investors and analysts as it prepares to report fiscal second-quarter results after the market closes on Wednesday, following a sharp rally in recent months driven by its custom AI chip deals with Google and Meta Platforms.
AVGO shares have been on a tear, rallying 66% from their March 30 low and gaining 40% year-to-date, as investors increasingly view the company as a key beneficiary of the AI data center boom and a critical provider of the infrastructure that underpins AI deployments.
See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for…
