Broadcom rose 3.07% in pre-market trading and is now at $404.97.

Broadcom rose 3.07% in pre-market trading, now at $404.97. In terms of news, Morgan Stanley stated that Broadcom's five-year partnership with Google's TPU project is progressing as planned, visibility of AI revenue extending to 2031, and they maintain a "buy" rating with a raised target price of $580.