Market Cap first broke one trillion dollars! Broadcom surged over 22% at one point, reaching a historic high, with Wall Street's highest Call targeting $250.

In the earnings call, Broadcom CEO Hock Tan stated that the market demand for custom AI Chips is expected to be between 60 billion to 90 billion dollars by 2027.

Zhitong FinanceDec 13 22:35

Express News | UBS Group raised the Target Price for Broadcom from $200 to $220.

BreakingsDec 13 22:24

Broadcom Price Target Raised to $250 From $200 at Piper Sandler

Yahoo Finance21minutes ago

Sell NVIDIA, buy Broadcom! What is the market saying on Friday?

Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.

wallstreetcn12:30

Another powerhouse joins the "trillion dollar club"! Broadcom surged over 24% after earnings, with AI revenue soaring 2.2 times.

Wall Street gasps, "The next NVIDIA?"

Gelonghui Finance10:43

Top 20 by transaction amount | Tesla's stock price has reached a historic high, with a cumulative increase of nearly 80% since the election; Broadcom surged 24% after earnings, with a Market Cap surpassing 1 trillion USD.

On Friday, the first in U.S. stock trading volume was Tesla, which rose 4.34%, reaching a historical high price, with a trading volume of 38.132 billion USD; the second was NVIDIA, which fell 2.25%, with a trading volume of 31.251 billion USD; the third was Broadcom, which rose 24.43%, with a trading volume of 26.607 billion USD, and its Market Cap surpassed 1 trillion USD.

10:20