US EditionWhy Broadcom Stock Sank 5.6% Today
Broadcom's AI revenue grows but gross margins are forecast to drop by 1 percentage point amid rising competition and high valuation concerns, with trading volume doubling recent averages.
2 Articles
2 Articles
Stock Market Today, Dec. 15: Broadcom Slides After AI Margin Concerns Weigh on Stock
Broadcom (NASDAQ:AVGO), designer and supplier of semiconductor devices and infrastructure software solutions worldwide, closed Monday’s session at $339.86, down 5.6%. Trading volume reached 55.8 million shares, which is approximately 126% above its three-month average of 24.7 million shares.How the markets moved todayMonday’s trading featured renewed pressure on Broadcom after recent earnings, with investors focusing on AI-driven revenue growth …
Commentary: Broadcom and MediaTek face profit challenges amid growing ASIC orders
Broadcom reported strong AI-related order growth but noted lower gross margins for ASIC products compared to non-AI items, causing market uncertainty about 2026 revenue. Industry experts explained that lower ASIC margins are common due to customer-driven design changes and production timing.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
