Broadcom Stock Continues To Set Records on AI Excitement

Key TakeawaysBroadcom shares traded at another record high Thursday on enthusiasm over its position in the artificial intelligence (AI) market.The stock got a lift from the company's sales, stock split, and upbeat analysts' comments.Bank of America, Goldman Sachs, and Mizuho all raised their price targets. Broadcom’s (AVGO) position in the booming artificial intelligence (AI) market helped send shares to a fresh all-time high on Thursday. The stock, which is on pace to close at a record high for a fourth st ...