Broadcom Stocks Drop as Its Google-Infrastructure Thesis Faces a Revenue Test
Broadcom, the semiconductor and infrastructure-software supplier NASDAQ:AVGO, traded at $354.03 at 11.15am EST, down about 0.2%, on October 13. The AI spending story remains the draw. According to MarketWatch, Melius Research's October 12 supplier assessment highlighted Broadcom's exposure to Googl…