Broadcom (AVGO) shares jumped to a fresh all-time high Monday, as the ch♚ipmaker’s post-earnings rally continued♍. 

The stock was up over 10% in intraday trading to $248.09, heading for a record-high close. It has gained nearly 40% since Broadcom reported 澳洲幸运5官方开奖结果体彩网:fiscal fourth-quarter earnings Thursday that topped expectations, with last week's gains pushing the company's market capitalization above the 澳洲幸运5官方开奖结果体彩网:$1 trillion level.

Several analysts 澳洲幸运5官方开奖结果体彩网:raised their price targets late last week in the wake of Broadcom’s better-than-expected results, and with Monday's climb, the stock has already exceeded or is close to hitting most of those targets. Citi had bumped its target to $220, while JPMorgan and Bank of America raised their targets to $250.

Bernstein analysts compared Broadcom's meteoric rise to that of 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) darling Nvidia (NVDA), writing Monday that the stock may be having its own “Nvidia moment.” Broadcom shares have more than doubled in value this year as demand for infrastructure to support AI surged, as have shares of Nvidia. The analysts issued a $250 target and "overweight" rating for Broadcom, calling it a "top pick," along with Nvidia.

In a note to clients Monday morning, BofA also listed Broadcom among its top six semiconductor industry picks for 2025, along with Nvidia, Marvell Technology (MRVL), Lam Research (LRCX), Onsemi (ON), and Cadence Design Systems (CDNS). They pointed to Broadcom's strong 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) growth and “best-semis profitability" for its inclusion in the list.