Broadcom Nears $2 Trillion Market Cap as Apple Commits to $30 Billion Chip Deal
Broadcom is approaching the milestone of becoming a $2 trillion company, currently valued at around $1.91 trillion and just under 5% away from reaching that mark. The stock has been boosted by an announcement that Apple will invest over $30 billion in chips with Broadcom, strengthening their supplier relationship.
Topics: AI M&A semiconductors supplier contracts