Broadcom Stocks Rise 2.69% as It Joins $26 Billion Anthropic Placement Khac Phu Nguyen Tue, November 10, 2026 at 12:39 PM EST 1 min read AVGO +2.54% ANTH.PVT GOOGM -0.51% AMD +0.04% NVDA -5.88% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Broadcom (NASDAQ:AVGO) shares rose 2.69% to $328.08 as of 9:53 a.m. ET in regular trading on November 10, after Anthropic's amended filing named Broadcom as a roughly $1.0 billion buyer in a $26.0 billion private placement. The gain follows an 8.78% surge on Monday.
Warning! GuruFocus has detected 3 Warning Sign with AVGO.
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Broadcom joins Google, Nvidia, AMD, Micron, Microsoft and TSMC in buying nonvoting Class N shares at the IPO price, which is set at $70 to $78. The Monday rally added more than $200 billion of combined market value to AMD and Broadcom. Chip names rebounded after the Philadelphia semiconductor index lost over 12% in a single session on November 5.
Against a $1.53 trillion market value, $1 billion is about 0.07%, so the stake matters mainly as a signal. GuruFocus scores Broadcom at 98/100, with Profitability 10/10, GF Value Rank 8/10, Financial Strength 7/10 and Momentum 7/10. The shares trade 26.64% below the $447.22 GF Value. Reaching that level would take a hypothetical 36.31% gain, and GuruFocus labels the shares "Modestly Undervalued." The next test is whether AI revenue keeps that model gap intact through the next quarterly report.
