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-1.47501327511813E-05 2.95002655023627E-05 -0.00141601274411475 -0.00124196117765058 -0.00182901646114816 -0.0043660392943537 -0.00628355655200895 -0.0072275650480854
Stock impact report

Stock Market Today, Dec. 15: Broadcom Slides After AI Margin Concerns Weigh on Stock [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
at $339.86, down 5.6%. Trading volume reached 55.8 million shares, which is approximately 126% above its three-month average of 24.7 million shares. Monday's trading featured renewed pressure on Broadcom after recent earnings, with investors focusing on AI-driven revenue growth versus margin pressure and valuation. The S&P 500 (SNPINDEX:^GSPC) slipped 0.16% to finish at 6,816, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.59% to close at 23,057. Rivals Qualcomm and Nvidia both gained modestly, underscoring how competition and shifting sentiment across the chipmaking industry are shaping expectations for Broadcom's AI chip demand and profitability. Broadcom shares continued their post-earnings slide from Friday, as Wall Street worried over management's mention of lower AI margins. Although Broadcom's projected first-quarter revenue of $19.1 billion exceeded estimates, management guided for a 100-basis-point decline in gross margin due to lower margins from its AI systems. Show less Read more
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