Broadcom's Stock Surges, Securing Spot Among Top 10 U.S. Companies
TL;DR Summary
Broadcom Inc. has climbed 16 spots in 2023 and now ranks among the top 10 largest U.S. companies, with a market capitalization of $527.7 billion. The company's stock has doubled this year, benefiting from the artificial intelligence frenzy and its acquisition of VMware. Chip companies, including Advanced Micro Devices Inc., have also seen their positions rise, reflecting the growing importance of AI and networking silicon in the market.
- Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains MarketWatch
- Axcelis Technologies, Inc. (ACLS) is Attracting Investor Attention: Here is What You Should Know Yahoo Finance
- Broadcom Joins the U.S. Market Cap Top 10 List The Wall Street Journal
- Broadcom's Stock Price Hit a Record High For The Third Straight Day—Here's Why Investopedia
- Why Broadcom Rallied This Week The Motley Fool
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