Broadcom stock price pops into the long weekend as chipmakers rally — what AVGO investors watch next
Broadcom shares rose 2.6% to $351.77 on Friday, outperforming rivals as semiconductor stocks gained ahead of the holiday. The move followed a Wells Fargo upgrade and strong Taiwan Semiconductor results. U.S. markets were mostly flat; the Nasdaq edged up 0.1%. China-related risks over VMware lingered after a reported ban on foreign cybersecurity software.