Why AI Stock Broadcom Crushed It in June

Key Points

• Although the chipmaker’s latest quarterly results only beat analyst estimates modestly, they featured impressive growth figures.

• Meanwhile, the company rolled out a new product and was the subject of numerous bullish prognosticator updates.

With a nearly 14% share price gain in June, Broadcom(NASDAQ: AVGO) was a clear stock market winner during the month. The initial boost came from the company’s impressive fiscal second-quarter 2025 results, which were reported near the start of…