Broadcom earnings pass the test as AI momentum sends the stock higher

Broadcom earnings pass the test as AI momentum sends the stock higherBroadcom’s stock has been on a run in recent weeks as excitement builds for custom chips — and its latest earnings report is set to add to the momentum.The chip giant’s stock AVGO was climbing 3% in the extended session on Thursday, following upbeat fiscal fourth-quarter results buoyed by massive artificial-intelligence growth. AI chip revenue rose 74% relative to a year earlier. About the AuthorBritney Nguyen is a tech reporter covering Nvidia, chips and AI. You can find her on X at @britneycath.Copyright © 2025 MarketWatch, Inc. All rights reserved.