By Laura McCandless
Publication Date: 2025-12-10 08:43:00
AVGO hit an all-time high earlier this week
Outperforming semiconductor stock Broadcom Inc (NASDAQ:AVGO) is trading at record highs, last seen up 0.4% at $407.91. The stock surged earlier this week after news that it is in talks with Microsoft (MSFT) to develop custom chips — one of the several new tech partnerships the rapidly growing company has procured. Should these gains hold, AVGO is on track for its fifth consecutive win.
Analysts anticipate strong AI-driven results in Broadcom’s fiscal fourth-quarter report, which is due out after the close on Thursday, December 11. Consensus estimates call for earnings of $1.87 per share and revenue of roughly $17.5 billion, both significantly higher than the same quarter a year…