Broadcom, a key player in semiconductor technology and infrastructure software, recently announced a significant stock repurchase program worth up to $10 billion. This strategic move has drawn widespread attention, coinciding with a nearly 3% boost to the company’s stock during after-hours trading. Broadcom CEO Hock Tan emphasized that this decision reflects the company's confidence in its future, particularly its strong position in the fields of semiconductor development and artificial intelligence (AI)-driven infrastructure solutions.