NasdaqGS:AVGOSemiconductor
Broadcom (AVGO) As Apple Extends Chip Deal Through 2031 Valuation Questions Return
Broadcom (AVGO) is back in focus after Apple agreed to expand their long running custom chip collaboration through 2031, a multiyear commitment that secures Broadcom as a core silicon supplier.
See our latest analysis for Broadcom.
The Apple contract lands at a time when Broadcom’s share price has been volatile but still on an upward path, with a 90 day share price return of 9.52% and a one year total shareholder return of 40.89%. This points to momentum rebuilding after recent weakness...