First reported by Bars
Broadcom's AI Revenue Just Jumped 143%. So Why Is the Stock Sliding?
Broadcom Spikes 5% on Expanded Apple Chip Deal; Intel and AMD Drift Lower
By
David Moadel
1h agoen
Source
24/7 Wall St.Broadcom Spikes 5% on Expanded Apple Chip Deal; Intel and AMD Drift Lower247wallst.comBroadcom (NASDAQ:AVGO) stock is outperforming the semiconductor sector today, climbing 5% to $390 after Apple announced an expanded multiyear chip agreement with the company. Meanwhile, Intel (NASDAQ:INTC) stock is down 2% to $108, while Advanced Micro Devices (NASDAQ:AMD) stock is lower by 1% to $513. The contrasting moves suggest that investors are rewarding Broadcom for ... Broadcom Spikes 5% on Expanded Apple Chip Deal; Intel and AMD Drift Lower
You might also wanna read
Broadcom's AI Revenue Just Jumped 143%. So Why Is the Stock Sliding?
aol.com·4h ago
Semiconductor stocks plunge 10%+ as Broadcom AI guidance miss and strong jobs data trigger $1 trillion selloff
The semiconductor sector experienced a severe selloff on Friday, with the SOXX ETF dropping 10.4%, driven by Broadcom's disappointing AI gui

Broadcom stock falls after Q2 revenue miss; AI chip forecast unchanged at $100 billion
Broadcom reported fiscal Q2 revenue that missed LSEG consensus estimates, causing its stock to decline in extended trading. While revenue cl
Bank of America adjusts Broadcom price target after Q2 earnings trigger 12.6% stock drop
Broadcom (AVGO) stock dropped 12.59% on June 4 following the release of its Q2 FY26 earnings report, losing approximately $280 billion in ma
Broadcom stock drops 12.6% after Q2 earnings; Bank of America resets price target
Broadcom (AVGO) stock dropped 12.59% on June 4, losing about $280 billion in market value after releasing its Q2 FY26 earnings report. Despi
Broadcom beats Q2 earnings estimates but fails to meet lofty investor expectations
Broadcom (AVGO) reported strong Q2 earnings with sharp year-over-year sales growth and rising profits driven by surging AI infrastructure de

Comments
Sign in to join the conversation.
No comments yet. Be the first.