Broadcom Shares Fall 1.7% as Investors Weigh AI Financing Concerns
Broadcom traded at $340.535, down approximately 1.7%, around 11:08 a.m. ET on October 15. The article cites concerns about chipmakers financing the AI buildout.
Broadcom, the custom-chip and infrastructure-software supplier NASDAQ:AVGO, traded at $340.535, down approximately 1.7%, around 11:08 a.m. ET on October 15 as investors weighed chipmakers' growing role in financing the AI buildout. Yahoo Finance reported Baird strategist Ted Mortonson's concerns ab…