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Futures
Futures
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TradFi
Gold
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Options
Hot
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Unified Account
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Demo Trading
Futures Kickoff
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Demo Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
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Launchpad
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Alpha Points
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Futures Points
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Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
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Crypto Loan
0 Fees
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Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
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Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Broadcom Inc. (AVGO) Draws ARK Investment Amid Positive AI Growth Outlook
ARK Invest recently acquired 87,148 shares of Broadcom Inc. (AVGO), totaling an investment of $27 million, indicating confidence in the company’s prospects. This move follows Jefferies’ reiterated Buy rating and $500 price target for Broadcom, citing its strong position in the AI and networking sectors. Analysts believe Broadcom holds a significant advantage in custom on-package business for AI chips and is projected to capture a large share of Google’s unit volume in CY27.