Broadcom shares jump on OpenAI move, margin outlook still in focus for AVGO
Broadcom Inc. added $1.92, or 0.51%, to end at $382.07 on Wednesday. The stock had fresh headlines about OpenAI’s in-house chip effort but closed off session highs. Shares touched $388.74 earlier but pulled back by the end of trading. Volume came in at 29.79 million shares, or 114% of the 65-day average, MarketWatch said.