US Stock Market News | Broadcom soared 15% at one point, reaching a historical high stock price
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Broadcom's stock price soared to a historic high driven by strong demand for AI products. The company's quarterly performance exceeded expectations and raised its full-year performance guidance, while also announcing a 10-1 stock split plan. In the second quarter, net revenue was $12.49 billion, with a net profit of $2.12 billion. To attract investors, the company announced stock splits and quarterly stock dividends
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