Broadcom Shares Drop on Report Google May End AI Chip Deal

Broadcom stock plunges on report its AI chip deal with Google is at risk
Google reportedly considering designing its own AI chips instead of using Broadcom
Broadcom has multiyear deal to supply AI chips to Google data centers
Report raises concerns about longevity of Broadcom's AI chip business
Nvidia, Intel could benefit if Google drops Broadcom for AI chips

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8/22/2023

Buy Broadcom Stock During Market Dips (Technical Analysis) (NASDAQ:AVGO)

Broadcom, a significant player in the semiconductor industry, is a promising investment option due to its strong performance, focus on artificial intelligence (AI), consistent growth, and attractive valuation. The stock's technical analysis suggests a bullish trend and potential buying opportunities, although there are risks associated with competition, market volatility, supply chain disruptions, and economic uncertainties. However, investors may consider buying the stock during price dips or a surge beyond its record high to capitalize on Broadcom's growth and industry relevance.

9/20/2023

Intel Struggles on Multiple Fronts After Stock Drop and Analyst Skepticism

Intel's stock drops as analysts express skepticism about the company's ability to compete with Nvidia in artificial intelligence.

9/21/2023

Broadcom Stock Drops on Rate Fears, But Analysts Still Bullish on Growth from Software and AI

Despite a recent slip, semiconductor firm Broadcom's stock is still considered a strong buy due to its growing software business, stake in the artificial intelligence game, and positive insider buying activity, along with expectations of continued robust demand for semiconductors and AI advancements.

10/19/2023

VMware Stock Drops as Investors Worry Broadcom Deal Faces Regulatory Hurdles

VMware's stock declined due to concerns about the potential delay in its acquisition by Broadcom, according to reports.

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Posted 9/21/2023, 1:18:00 PM