Broadcom Reaches $2 Trillion Market Cap, Highlighted in Vanguard ETFs Following Stock Splits
Broadcom has joined the exclusive group of companies with a market cap of at least $2 trillion, driven by its AI chips and networking business. Four of the five Vanguard ETFs that underwent stock splits on April 21 include Broadcom as a top 10 holding, and the company hit an all-time high on April 22. Broadcom's partnership with Alphabet and strong financial performance are key factors in its growth.
Topics: AI chips Alphabet Broadcom dividend growth ETFs market cap networking business stock splits