TradingKey – Broadcom secures massive Apple order, laying the groundwork for its stock price to return to historical peaks, but faces short-term pressure from liquidity and macroeconomic events.

On July 8, Eastern Time, Broadcom ( AVGO) announced that it has secured an epic five-year deal worth up to $30 billion from Apple ( AAPL ). It is reported that this agreement directly extends the contract to 2031 and is expected to drive the shipment of over 15 billion U.S.-made chips.

Stimulated by this positive news, Broadcom’s stock price once soared by over 6% before narrowing to 4.83% to close at $388.69, hitting a near half-month high and recovering some of its recent losses. On June 3, Broadcom’s stock price surged to $495, setting a record…