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Why Broadcom Stock Topped the Market on Tuesday

The relentless march of artificial intelligence adoption should give quite the lift to the chipmaker's fundamentals.On a generally downbeat Tuesday for the stock market, chipmaker Broadcom (AVGO 0.33%) managed to eke out a gain. The company's share price crawled 0.3% higher, due in no small part to an analyst price target hike, against the 0.7% decline of the S&P 500 index that trading session.Broadly bullishWell before market open, prognosticator C.J. Muse of Cantor Fitzgerald made a double-digit raise to ...