Why Broadcom Stock Took a Dive Today
The semiconductor and networking specialist lost some of its sheen thanks to a disclosure from another AI company.
Overview
Shares of Broadcom (NASDAQ:AVGO) turned lower on Thursday, falling as much as 5.1%. The stock was still down 4.4% by the time the market closed.
The catalyst that sent the semiconductor and networking specialist lower was news that OpenAI's revenue was substantially lower than had been previously reported.
Details
Source
Originally published at www.fool.com.
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