Broadcom Stock Rises as $63 Billion Financing Backs Anthropic AI Expansion

Broadcom (NASDAQ: AVGO) shares rose 2.37% to $337 in Tuesday's premarket trading after Citi, Blackstone, Bank of America, and Morgan Stanley announced a $63 billion financing deal to purchase Broadcom's artificial intelligence equipment for Anthropic. The announcement came at 4:15 p.m.

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