Shares of Broadcom (AVGO 4.61%) gained 12.8% in Thursday’s after-hours trading, following the semiconductor and infrastructure software maker’s release of its report for the first quarter of fiscal year 2025 (ended Feb. 2).
The stock’s rise is attributable in part to the quarter’s revenue and earnings, along with second-quarter revenue guidance beating Wall Street’s expectations. In addition, the stock got a boost from very bullish comments CEO Hock Tan made…
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