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Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 13.6% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks
-6.15% closed: 2025-03-13
Reasons are not apparent
-4.3% 2025-03-27
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 5.4% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.5%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration’s 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Venezuela, which could translate to a 45% tariff on some Chinese goods. This announcement could significantly raise the operating costs for affected companies and institutions.
Shares of Broadcom Inc. were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion-dollar club.
+6.94% closed: 2024-12-13
Broadcom shares surged following reports that the semiconductor firm will partner with Apple on a new AI chip
+5.5% closed: 2024-12-10
Reasons are not apparent
+5.14% closed: 2024-11-12
Reasons are not apparent
+4.75% closed: 2025-02-14
Reasons are not apparent
Stock Swings
Price Drops
-17.28% closed: 2025-01-31-6.15% closed: 2025-03-13
Reasons are not apparent
-4.3% 2025-03-27
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 5.4% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.5%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration’s 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Venezuela, which could translate to a 45% tariff on some Chinese goods. This announcement could significantly raise the operating costs for affected companies and institutions.
Price Hikes
+23.91% closed: 2024-12-18Shares of Broadcom Inc. were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion-dollar club.
+6.94% closed: 2024-12-13
Broadcom shares surged following reports that the semiconductor firm will partner with Apple on a new AI chip
+5.5% closed: 2024-12-10
Reasons are not apparent
+5.14% closed: 2024-11-12
Reasons are not apparent
+4.75% closed: 2025-02-14
Reasons are not apparent
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