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Why Broadcom Stock Is Falling Today

Broadcom (NASDAQ: AVGO) stock is losing ground in Tuesday’s trading. The tech company’s share price was down 1.6% as of ET, according to data from S&P Global Market Intelligence. Broadcom is falling today following a recent filing with Securities and Exchange Commission (SEC). Per the filing published yesterday, CEO Hock Tan sold shares of the […]

Broadcom soars as demand for AI chips powers forecast raise

By Arsheeya Bajwa (Reuters) – Broadcom surged about 15% on Thursday as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria. The rising adoption of generative AI has been driving demand for companies such as Broadcom that provide chips […]

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