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Arnne Carragie

Broadcom (AVGO) Rebounds 2.8% as BofA Lifts Target to $530 Amid 143% AI Surge and Smart Money Buying

Broadcom Inc. (AVGO) staged a definitive reversal on Monday, climbing 2.82% to close at $396.60. The upward traction represents a significant stabilizing effort following a dramatic 16% post-earnings correction last week, when highly demanding AI guidance expectations triggered a sharp, algorithmic shakeout across the semiconductor sector.
AVGOON
AVGOON+3.85%
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