December 23, 2024

Broadcom is closing in on $1 trillion market cap. Here’s how many other companies have achieved that lofty status.

 Broadcom is closing in on $1 trillion market cap. Here’s how many other companies have achieved that lofty status.

Broadcom is closing in on $1 trillion market cap. Here’s how many other companies have achieved that lofty status.

Shares of Broadcom were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion-dollar club.