Broadcom's Market Cap Approaching $1 Trillion
Shares of Broadcom are soaring after a bullish forecast on AI chip sales, which could push the company's market capitalization to $1 trillion. As of Thursday, Broadcom's market cap stood at $843.78 billion, just over $150 billion away from the $1 trillion mark. Other tech giants like Apple, Nvidia, Microsoft, Amazon, Meta Platforms, and Tesla have already achieved a $1 trillion market cap. Warren Buffett's Berkshire Hathaway also closed above the $1 trillion level. Broadcom's potential milestone reflects the company's strong performance and the growing importance of AI technology in the market.