AVGO hits a record near $462 ahead of its June 3 earnings report

Broadcom traded at a record high of about $462 on June 1, 2026, up 3.4% that day, as Nvidia's latest AI chip announcement lifted semiconductor stocks. Options were pricing a next-day move of about 17.6%, well above the 10.8% average earnings move over the prior eight quarters. The stock was entering its fiscal Q2 report with high expectations, which made the reaction to guidance the key risk.

• Traded at $462.03 at a record high, up 3.4% intraday
• Options implied a next-day move of about 17.6%
• Average earnings-day move over the last eight quarters: 10.8%