Broadcom Jumps on Q2 Earnings Beat: ETFs to Buy

Broadcom (AVGO) reported strong second-quarter fiscal 2024 results, topping both earnings and revenue estimates and offering an upbeat annual forecast driven by robust demand for artificial intelligence (AI) products. The chipmaker also announced a 10-for-1 stock split, which is set to begin trading on a split-adjusted basis on Jul 15.AVGO shares jumped as much as 14% in after-market trading and are up nearly 14% in the pre-market trade at the time of writing. Investors can tap the robust growth with the he ...