Broadcom Inc. (AVGO) has seen its stock rise in recent trading sessions, driven by a surge in demand for AI and data center infrastructure.
This uptick follows strong earnings reports from major tech companies like Meta Platforms (META) and Microsoft (MSFT), which have reaffirmed their aggressive investment plans in AI and data centers.
Meta, the parent company of Facebook, has increased its capital expenditure forecast for 2025 to between $68 billion and $72 billion, up from…
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