Although Broadcom (AVGO) stock has regained some key technical levels over the past thirty days, it ended last week down 3.5%. On the positive side, investors are now more optimistic about the prospects of chip stocks, driven by the likelihood that a recession can be averted. One of the b...
rising along with the rest of the tech sector, on optimism that interest rates may not rise as swiftly as previously anticipated. Within the chip sector, Broadcom (AVGO) stock has regained some key technical levels.
rising along with the rest of the tech sector on optimism that a recession might be averted. This has sent the iShares Semiconductor ETF (SOXX) up almost 20% in thirty days. One of the biggest movers has been Broadcom, which has also seen its shares...