Broadcom Stock Rises Over 3% Amid Strong Trading Activity

Broadcom Inc. (NASDAQ: AVGO) shares experienced significant gains during recent trading sessions, with the stock rising over 3% and trading as high as $205.68 before settling at $204.50. This surge reflects increased investor confidence in the semiconductor and infrastructure software company, which now trades well above its 52-week low but remains below its 52-week high. Broadcom's market capitalization stands around 96.18KCr, with a Price-to-Earnings ratio near 98.6 and a dividend yield just above 1%. The upward trend in Broadcom's stock price highlights ongoing positive market sentiment and strong performance relative to its historical trading range.