Broadcom Just Had Its Best Day in Nearly a Year, Back Above $1.5 Trillion
24/7 Wall St. reports Broadcom jumped 8.78% to $319.48 on November 9, 2026, its best day since November 2025, putting its market value back above $1.5 trillion and again ahead of Tesla's, with no company-specific news behind the gain. The article says its AI chip sales more than tripled last quarter and management has forecast AI revenue of about $115 billion in fiscal 2027, while arguing analysts' roughly 67% upside price target may mean the market is underpricing one of the fastest-growing large companies, though it cautions the rally could fade before December's earnings report.
