U.S. stock market anomaly | Philadelphia Semiconductor Index rises over 2%, Broadcom (AVGO.US) stock price hits all-time high
According to the Securities Times app, on Tuesday, Broadcom (AVGO.US) stock reached a record high of $257.5, as of the time of publication, the stock rose 3.4% to $257.32. The Philadelphia Semiconductor Index rose more than 2%, Micron Technology (MU.US) rose more than 2.2%, Taiwan Semiconductor (TSM.US) rose 0.79%, and Nvidia (NVDA.US) rose more than 3%. Broadcom is scheduled to release its second-quarter results for the 2025 fiscal year after the US stock market closes on June 5, 2025. According to the general expectations of institutions, Broadcom's revenue for the second quarter of 2025 is expected to reach $14.975 billion, an increase of 19.92% year-on-year, with an expected earnings per share of $0.959, an increase of 116.9% year-on-year.
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