To The Moon

Broadcom may have had a volatile year, but the stock was rising on investor enthusiasm Tuesday as it headed for its best year on record.The California-based tech company is known for making application-specific integrated circuits, or ASICs. Broadcom's customers use these specially designed chips to power artificial intelligence.While the company has piqued investor interest as a semiconductor manufacturer, it is not purely an AI play. Broadcom also produces enterprise software and security solutions. The company operates through its Semiconductor Solutions and Infrastructure Software arms.Shares of Broadcom rose 3.2% to $239.68 on Thursday. The stock has more than doubled in price this year, and is on pace for its best year on record, according to Dow Jones Market Data.The company joined the $1 trillion club when its market capitalization topped that on Dec. 13. It is the eighth largest public company by market cap in the U.S. and the ninth in the world, according to Dow Jones Market

Stocks to WatchSingapore Airlines (SIA): The national carrier is said to be rewarding eligible employees with a profit-sharing bonus of 7.94 months for FY2024, following the group’s record earnings, T

Semiconductor shares rallied in morning trading.Micron rose 5%; Arm Holdings rose 4.5%; Nvidia, AMD rose about 3%; Marvell, Broadcom rose over 1%.Baird analyst Tristan Gerra upgrading $Micron Technology$’s stock. He admitted the call is “a bit late” but noted that Micron shares have pulled back recently — they’re down just over 10% from their record-high close in early April.“We see meaningful upside opportunities ahead for Micronnotably given the stock’s recent pullback, in discrepancy with inc

Nvidia: Down 10% From Last Week's High, is Now a Good Time to ...

Jensen Huang to fly to China in June as uncertainty persistsWorld’s most valuable chipmaker remains