Broadcom (AVGO) stock rises 1%+ premarket on a tech rebound and its major Apple partnership. Get the latest technical outlook.

Broadcom shares are trading higher following a report suggesting that the company and Apple will expand their partnership through 2031.

Broadcom stock surged 5-6% on AI momentum, with Q2 AI revenue hitting $10.8B. Tokenized AVGO products on Ondo and Backed Finance bridge crypto and equities.