Broadcom Approaches $2 Trillion Market Cap with Apple's $30 Billion Chip Commitment

Broadcom is nearing a $2 trillion market capitalization and recently received a boost from an additional $30 billion chip order commitment from Apple. The growth in AI semiconductor revenue has been significant, reaching $10.8 billion for the fiscal second quarter with expectations of continued acceleration.

By Daniel Sparks · Motley Fool ·

Broadcom Approaches $2 Trillion Market Cap with Apple's $30 Billion Chip Commitment

Tickers: $AAPL $AVGO

Topics: AI market_capitalization semiconductors

Read the full article at Motley Fool

More World news