Why Broadcom Stock Slipped Today

Some clients may not be as enthusiastic as others about adopting AI solutions.Wednesday wasn't an ideal day to plow money into artificial intelligence (AI)-linked stocks. A media report stated that a major AI adopter was easing off on selling AI-enhanced products, which affected stocks like chip maker Broadcom (AVGO 0.26%). The company's shares declined marginally, on a day when the benchmark S&P 500 index bumped 0.3% higher. Reduced expectations?That report appeared on tech industry news website The Inform ...