Broadcom stock soars 10% on Monday: is the AI gold rush back?

Core Viewpoint - Broadcom stock (NASDAQ: AVGO) experienced a 10% increase on Monday, driven by investor interest in AI infrastructure suppliers, bolstered by rising custom chip demand and recent AI announcements from Google [1] Group 1 - Broadcom's stock price surged by 10% on Monday [1] - The increase in stock price is attributed to a rotation of investors back into AI infrastructure suppliers [1] - There is fresh momentum in custom chip demand, which is positively impacting Broadcom [1] Group 2 - Google's recent announcements regarding AI have encouraged investor confidence in companies like Broadcom [1]