AVGO.BA is trading 4.1% up today at $15,600 as Broadcom’s expanded custom-chip partnership with Apple through 2031 continues to drive investor optimism.
- The agreement cements Broadcom’s position as a key supplier for Apple’s custom ASIC, RF, and connectivity components.
- Investors are bidding the stock higher on improved long-term revenue visibility, even as broader U.S. indices trade lower today.