By Khadija Saeed
Publication Date: 2025-11-28 14:47:00
Broadcom Inc. (NASDAQ: AVGO) is heading into today’s shortened Black Friday session trading just under the $400 mark, hovering near its all‑time closing high after a powerful run driven by artificial‑intelligence chip demand, VMware software growth and heavy institutional buying.
The stock last closed on Wednesday, November 26, at $397.57, only about 0.6% below its 52‑week intraday high of $399.87 and far above its 52‑week low of $138.10. [1] Over the past 12 months Broadcom shares have surged roughly 145–150%, cementing the company’s place among the market’s AI leaders. [2]
According to recent trading data, AVGO has climbed about 12% over the last five sessions, making repeated new highs as investors crowd into a handful of AI‑exposed mega‑caps. [3] U.S. equity markets are open on a partial schedule today, closing at 1 p.m. Eastern due to the Thanksgiving holiday, which often concentrates trading in a small group of headline names like Broadcom. [4]
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