Broadcom stock price rises as Wall Street sets up for Fed call and big-tech earnings (AVGO)
Broadcom shares rose 1.5% to $324.85 in early Tuesday trading, leading chip stocks higher after Micron’s $24 billion Singapore plant announcement. Investors shifted into top tech names ahead of the Federal Reserve’s rate decision and a wave of mega-cap earnings. Focus remains on whether AI spending will lift profits amid margin concerns.