Is It Too Late to Buy Broadcom Stock?

AI isn't the only thing giving this semiconductor chipmaker a sales boost.Artificial intelligence (AI) supercharged the business of semiconductor chipmakers over the past year, and in turn, their stocks. Broadcom (AVGO -2.19%) is among these AI beneficiaries as shares skyrocketed from a 52-week low of $79.51 a year ago to $185.16 in 2024.Adding to this was the company's announcement of a 10-for-1 forward stock split, which sent shares soaring to a record high. After the split took place in July, Broadcom st ...