
"Broadcom (AVGO) is up almost 13% on a weekly basis, benefiting from its collaboration with OpenAI on a new AI chip. The company has added over $200 billion to its market cap recently, underscoring its role as a key AI beneficiary in the post-ChatGPT boom."
Broadcom shows strong weekly momentum driven by its involvement in AI chip development alongside OpenAI. This catalyst, along with its significant market cap expansion, positions the stock as an attractive growth play in the tech sector.
Weekly Roundup: Western Digital Rises, Broadcom Soars, Lululemon Drops
September 5, 2025
Sector Trend