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AI Stocks & MarketsYahoo Finance AIPublished: Apr 16, 2026, 10:00 JST1 min read

Chegg and LegalZoom stocks surge as Meta's expanded AI chip partnership with Broadcom boosts market sentiment

Chegg and LegalZoom stocks surge as Meta's expanded AI chip partnership with Broadcom boosts market sentiment

3 Key Points

  1. Chegg and LegalZoom shares experienced significant gains during afternoon trading

  2. Meta Platforms extended its partnership with Broadcom to deploy custom AI chips, signaling major investment in AI infrastructure

  3. The positive momentum from heavyweight tech companies like Meta helped drive broader market gains across multiple stocks

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