AVGO — Broadcom Inc. - Common Stock
Session close: $291.53. Regular-session share volume: 43,288,050. Change from previous close: -10.43%.
Key developments
Broadcom was among the chipmakers hit hardest as AI and data center-linked stocks tumbled following Democratic midterm victories, with the Philadelphia Semiconductor index dropping sharply and Broadcom named among the heavyweights dragging it lower. One snapshot listed Broadcom among the largest technology companies shedding substantial market value in a single morning.
Market context — Mentions AVGO in the article text. From Micron to AMD, AI Stocks Crater — And Citi Just Flagged an 'Exponential' New Threat to Data Centers · Market context — Mentions AVGO in the article text. QUICK SPARK: 10 US Tech Stocks Wipe Out $1.7 Trillion on Thursday
Sector context: technology was the weakest sector as defensives led, with Broadcom among the large-cap decliners. Separately, Jim Cramer suggested tech leadership may be broadening toward names including Broadcom, though he cautioned against drawing conclusions from a single session.
Company mentioned — Mentions AVGO in the article text. Defensives Lead Sectors Thursday As Growth Sectors Trail · Company mentioned — Mentions AVGO in the article text. What Is Going On With Nvidia Stock on Thursday?
News sources
Company news Broadcom Stocks Fall 6.42% With $21.7 Billion AI Forecast in Focus · Market context — Mentions AVGO in the article text. From Micron to AMD, AI Stocks Crater — And Citi Just Flagged an 'Exponential' New Threat to Data Centers · Market context — Mentions AVGO in the article text. QUICK SPARK: 10 US Tech Stocks Wipe Out $1.7 Trillion on Thursday · Company mentioned — Mentions AVGO in the article text. Defensives Lead Sectors Thursday As Growth Sectors Trail · Company mentioned — Mentions AVGO in the article text. What Is Going On With Nvidia Stock on Thursday?