AI Chip Demand Grows as Broadcom, Meta, TSMC, and Nvidia Stocks Rise on Bullish Momentum and Positive Market Outlook

Broadcom Stock Jumps as AI Chip Demand Grows

Broadcom (AVGO) stock rose nearly 4% today, reaching a new high of around \$265. This rise is mainly because more people and companies are using AI, which increases the need for advanced chips. Big financial firms like HSBC have given Broadcom a “buy” rating and expect its stock to go as high as \$400. Other chip companies like AMD also saw gains today. With its market value now over \$1 trillion, Broadcom is becoming one of the top choices for tech investors. As AI keeps growing, experts believe Broadcom will continue to perform well in the stock market.

Meta Stock Update: Bullish Momentum as Citi Boosts Price Target to $803

Meta’s US-listed stock (NASDAQ: META) climbed ~2% today, trading around $712 following a Citi analyst upgrade to a “top pick,” increasing the price target from $690 to $803 thanks to the firm’s optimism after Cannes insights into Meta’s AI‑powered ad tools

Additionally, a key trading signal—a power inflow—at $687.14 on June 23 preceded a 1.7% intraday rise
. With continued strength in ad‑tech and strategic AI investments, META is gaining momentum among growth investors.

TSMC Stock Jumps as AI Chip Demand Grows and Analysts Stay Positive

Shares of Taiwan Semiconductor (TSMC) rose over 4.5% today, reaching around \$220 in U.S. trading. The stock gained after analysts at Susquehanna raised their price target to \$255 and kept a “Buy” rating. More big investors are also increasing their positions in the company, showing strong confidence.

TSMC is the world’s leading chip maker, holding about 35% of the global market. The company’s revenue in the first quarter went up by nearly 13% compared to last year. This growth is largely due to the rising demand for AI chips and improved market conditions.

With positive analyst updates and strong tech demand, TSMC is looking strong for future gains.

Nvidia Stock Rises as Market Stays Positive and AI Demand Increases

Nvidia’s stock price increased by about 2.5% today, reaching around \$147.90 — its highest level since January. The rise came after global news suggested reduced tension between Israel and Iran, which helped boost investor confidence in tech stocks.

This week, Nvidia’s CEO Jensen Huang sold about \$14.4 million worth of shares. However, this was part of a pre-planned selling schedule, so it’s not a sign of any problem. Another Nvidia board member, Mark Stevens, also sold shares recently as part of routine activity.

Investors continue to support Nvidia as the demand for its AI chips remains strong. With improving global conditions and growing interest in technology, Nvidia’s stock could keep moving up.