Broadcom Inc. Stock Climbs 6.6%, Outperforms Market

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Broadcom Inc. rose 6.6% to $418.16 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.8% to 7,736.52 and the Dow Jones Industrial Average rising 1.7% to 54,085.88.

This was the stock's fourth consecutive day of gains.

Broadcom Inc. closed 15.5% below its 52-week high of $495.00, which the company reached on June 3rd.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. rose 2.6% to $211.94, Qualcomm Inc. rose 7.3% to $162.67, and Intel Corp. rose 10.84% to $100.86.

Trading volume totaled 29.1 million, compared to the 50-day average of 27.7 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 04, 2026 16:35 ET (20:35 GMT)