By Eric Trie
Publication Date: 2026-03-05 23:11:00
Today’s Change
(4.89%) $15.54
Current Price
$333.07
Key Data Points
Market Cap
$1.5T
Day’s Range
$323.05 – $336.04
52wk Range
$138.10 – $414.61
Volume
2.6M
Avg Vol
31M
Gross Margin
64.71%
Dividend Yield
0.76%
Broadcom (AVGO +4.89%), a provider of semiconductor devices and infrastructure software, closed Thursday at $332.6, up 4.75%. The stock moved higher after premarket earnings and guidance highlighted accelerating AI-driven revenue growth. Investors are now assessing whether demand for AI infrastructure can support Broadcom’s long-term sales targets.
The company’s trading volume reached 50.1 million shares, which is about 62% above compared with its three-month average of 31 million shares. Broadcom went public in 2009 and has grown 20431% since its IPO.
How the markets moved today
S&P 500 (^GSPC 0.56%) slipped 0.56% to 6,830, while the Nasdaq Composite (^IXIC 0.26%) eased 0.26% to 22,749. Within semiconductors, industry peers Nvidia (NVDA +0.10%) closed at $183.34 (+0.16%) and Qualcomm (