Nvidia Rides High as Broadcom Prepares for Earnings
Broadcom's upcoming earnings are set to be closely watched by investors, particularly in light of its recent acquisition of VMware.
The company is expected to report its quarterly results on March 4, with analysts predicting a revenue increase of around 13% year-over-year.
In related news, Nvidia's stock has been trending upward, driven in part by the company's strong showing in the gaming and data center markets. The chipmaker's shares have risen around 15% over the past month, outperforming the broader market.