Signal: This Red-Hot Nvidia Competitor Has Room to Run

Broadcom Inc (AVGO) stock is finally cooling off today, with the shares last seen down 2.2% at $338.18 after five-straight wins. The semiconductor giant, which has become a key AI player, gapped to a record high of $356.34 on Friday following strong fiscal third-quarter results. Despite a 46% year-to-date lead, there might still be some upward momentum left for the stock heading into the fourth quarter. The shares are hanging out around their all-time highs despite today's price action, trading above their ...