NasdaqGS:AVGOSemiconductor
Broadcom (NasdaqGS:AVGO) Announces Ambitious US$10 Billion Share Repurchase Program
In recent developments, Broadcom (NasdaqGS:AVGO) introduced innovative products like Incident Prediction and expanded its optical solutions, which align with rising industry interests in cybersecurity and AI. Additionally, Broadcom's $10 billion share repurchase program highlights confidence in its financial standing. These strategic moves could have played a role in the company's 10% price increase over the past week. The overall market also saw gains, with the Nasdaq Composite up 0.4%...