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Why Broadcom Stock Inched Higher on Friday

The Motley Fool·
Why Broadcom Stock Inched Higher on Friday

Broadcom stock rose 1.2% on Friday following bullish analyst coverage from BMO Capital Markets, which ranked the company as the #2 semiconductor player behind Nvidia. Analysts argue that AI spending is sustainable and will continue for years, positioning Broadcom to benefit from ongoing AI infrastructure build-outs.

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