Broadcom Inc. Stock Rallies 3.3%, Outperforms Peers

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

Shares of Broadcom Inc. advanced 3.3% to $355.14 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,722.72 and the Dow Jones Industrial Average rising 0.5% to 51,176.96.

The stock's rise snapped a two-day losing streak.

Broadcom Inc. closed 28.3% short of its 52-week high of $495.00, which the company reached on June 3rd.

The stock outperformed some of its peers, as NVIDIA Corp. rose 1.3% to $233.95, Qualcomm Inc. rose 1.5% to $184.87, and Intel Corp. fell 0.56% to $119.33.

Trading volume totaled 24.5 million, compared to the 50-day average of 22.8 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 02, 2026 16:35 ET (20:35 GMT)