Broadcom Stock Just Hit a Record High. You Can Thank Nvidia, Alphabet, and Marvell.
Source: Motley Fool
2026-06-02 20:15:15 ET
It isn't like that company needed any help. Broadcom (NASDAQ:AVGO) has been experiencing strong demand for its artificial intelligence (AI) solutions for much of the past three years. Since the advent of AI in early 2023, the stock had surged 723% through market close on Monday.
Yet Tuesday saw the stock climb 5% to a record high, as a confluence of events in the AI space conspired to send the semiconductor and data center specialist to new heights.
Marvell Technology Inc.
NASDAQ: MRVL
MRVL Trading
30.03% G/L:
$281.805 Last:
67,992,609 Volume:
$253.46 Open:
MRVL Latest News
June 02, 2026 08:15:15 pm
Broadcom Stock Just Hit a Record High. You Can Thank Nvidia, Alphabet, and Marvell.
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MRVL Stock Data
$70,017,560,367
838,787,328
0.05%
723
N/A
Semiconductors and Equipment
Technology
US
Wilmington
