Stock Market Today, Dec. 17: Broadcom Drops on China AI Chip Breakthrough and AI Buildout Uncertainty [Yahoo! Finance]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Yahoo! Finance
volume reached 73 million shares, coming in about 287% above versus its three-month average of 26 million shares. Wednesday's trading reflected renewed concern about AI chip profitability and competitive threats from Chinese AI developments, and investors are watching how Broadcom manages margins alongside VMware integration and AI infrastructure demand. The S&P 500 (SNPINDEX:^GSPC) fell 1.15% to 6,722, while the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 1.81% to close at 22,694. Among Semiconductors industry rivals, Nvidia (NASDAQ:NVDA) slid 3.81% and Intel (NASDAQ:INTC) dropped 3.38%, underscoring broad pressure on major AI-focused chipmakers. Rising competition from China had tech investors on their heels to start the day. It only got worse with reports that one private equity firm may not back an Oracle data center project as had been expected. An ongoing Chinese government project to boost semiconductor self-sufficiency made a breakthrough, according to reports. While it
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News
- Asian markets track Wall St lower as AI fears mount [Yahoo! Finance]Yahoo! Finance
- Stocks close sharply lower as AI anxiety returns [MSNBC.com]MSNBC.com
- Stocks close sharply lower as AI angst returns [MSNBC.com]MSNBC.com
- More drops for AI stocks drag Wall Street to its worst day in nearly a month [Los Angeles Times (CA)]Los Angeles Times
- Why Dell (DELL) Shares Are Sliding Today [Yahoo! Finance]Yahoo! Finance
AVGO
Earnings
- 12/11/25 - Beat
AVGO
Sec Filings
- 12/17/25 - Form 4
- 12/17/25 - Form 144
- 12/17/25 - Form 144
- AVGO's page on the SEC website