Broadcom (AVGO) Stock Soars After $10B OpenAI AI Chip Deal – Analysts Raise Targets
Stock Performance and Recent Movement Broadcom’s stock has surged dramatically in 2023–2025, fueled by the AI boom and strategic deals ts2.tech. After a 10-for-1 split in Feb 2024, retail interest surged along with its fundamentals ts2.tech. By Oct 2025, Broadcom’s market cap surpassed $1.5 trillion ts2.tech. The share price peaked around $374 in early Sept 2025 (post-split), roughly double its level a year prior ts2.tech. Even after an early-October dip (amid broader market volatility), AVGO remains up ~70% YTD ts2.tech, far outperforming the S&P 500. Over the past week, the stock was volatile. On Oct 13 AVGO jumped +9.9% investing.com following