Broadcom (NASDAQ: AVGO): What to Know Before Markets Open on October 20, 2025
Broadcom shares jumped 10% on Oct. 13 after announcing a major AI chip deal with OpenAI, pushing the stock to around $349 and up 70% year-to-date. Q3 revenue rose 22% to $15.95 billion, with AI chip sales up 63% to $5.2 billion. The company also unveiled its new “Thor Ultra” 800G networking chip and reported strong growth in its VMware software division.