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Broadcom Stock Hits Record of $208.63

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The stock of Broadcom Corp. soared $12.13 a share Monday to close at its all-time high of $208.63 amid rumors that the Irvine chip company would split its stock. In midday trading, the stock spiked to $215.25 a share.

Company officials declined to comment on the rumblings of a split, which have been spreading across message boards on the Internet for the last few months. The developer of chips for high-speed data transmissions last split its stock in February. It declined to say whether the subject was brought up in a shareholder meeting held Monday.

Officials said the meeting, which contains routine items such as approval for boosting the number of shares in the company’s employee benefits program, was brief.

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Since the beginning of the year, the stock’s value has risen 229%. With Monday’s stock jump, co-founder Henry Samueli’s Broadcom holdings rose to $3.94 billion from $3.7 billion Friday, and co-founder Henry T. Nicholas III’s to $3.92 billion from $3.7 billion Friday.

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