Broadcom Shares Surge to Record High on Analyst Optimism and Potential AI Deal

While U.S. markets remain closed for the Thanksgiving holiday, significant developments are unfolding behind the scenes for Broadcom. The semiconductor giant finds itself at the center of market attention following a substantial price target increase from Goldman Sachs and emerging reports of a potential landmark deal within the artificial intelligence sector. This confluence of positive news raises a critical question for investors: is Broadcom poised for its next major rally, or has the stock already priced in excessive optimism ahead of its upcoming quarterly results?

Beyond analyst commentary, a fundamental shift in the market landscape is generating additional excitement. According to recent reports, Meta Platforms is in Read more...