Workflow
Connectivity chips
icon
Search documents
Why Broadcom Stock Is Sinking Today
The Motley Foolยท 2025-08-20 17:34
An uptick in pessimism surrounding AI and the outlook on inflation is hurting the stock.Broadcom (AVGO -2.72%) stock is slipping in Wednesday's trading. The company's share price had fallen 2.4% as of 1:15 p.m. ET today amid the backdrop of a 0.6% decline for the S&P 500 and a 1.1% decline for the Nasdaq Composite. The stock had been down as much as 4.4% shortly after the market opened.Broadcom is under pressure today following new research from the Massachusetts Institute of Technology (MIT) suggesting tha ...