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AVGO

BROADCOM INC

Information Technology · Semiconductors

$319.77

+1.12%

Vol: 0.3M

Araverus Market Read

Thursday, March 19, 2026

Positive

Broadcom AI networking momentum powers pre-market recovery as 102.4 Tbps Tomahawk 6 launch reinforces infrastructure dominance

Broadcom traded at $315.75 in pre-market, up $1.91 (+0.61%) from $313.84 close, after declining $1.04 (-0.32%) in after-hours to $320.27. The semiconductor leader launched its 102.4 Tbps Tomahawk 6 switch addressing AI data center connectivity demands, building on a 67% annual stock appreciation driven by sustained AI infrastructure demand. Strong positioning in networking silicon and switch infrastructure supports continued momentum as hyperscalers accelerate data center buildouts.

Price 50d 200d

Previous Market Reads

2 of 2 days

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
NVDANVIDIA$178.50-1.18%-3.5%16.1x2.38$4.34T
AAPLAPPLE$248.91-0.51%-5.7%26.7x1.12$3.66T
MSFTMICROSOFT$389.28-0.64%-1.8%20.6x1.11$2.89T
AVGOBROADCOM$319.77+1.12%-3.8%18.1x1.26$1.52T
MUMICRON$444.60-3.71%+11.1%4.7x1.54$500.0B
ORCLORACLE$155.66+1.81%+1.0%19.5x1.65$447.3B
PLTRPALANTIR$155.70+1.88%+17.0%83.4x1.74$372.3B
AMDADVANCED$205.36+2.96%+1.1%19.1x2.02$334.7B
CSCOCISCO$78.50+1.06%+2.2%17.4x0.83$310.2B

Fundamentals

Market Cap$1.52T
P/E (TTM)62.5
Forward P/E18.1
Beta1.26
Div Yield82.00%
Prev Close$316.24

RSI (14-Day)

50Neutral
0305070100

52-Week Range

$138.10$319.77$414.61
From High-22.9%
From Low+131.5%

Moving Averages

50d SMA
$331.09-3.4%
200d SMA
$324.26-1.4%

Price below 200d MA — bearish structure.

Returns

1W
-4.8%
1M
-4.1%
3M
-6.1%
6M
-7.3%
1Y
+71.0%
YTD
-8.0%

Volume

Today347K
20d Avg28.4M
Ratio0.01x