Broadcom Loses $87 Billion as Google Gives Marvell Bigger AI Chip Role
Broadcom shares fell nearly 5% on Wednesday after Google expanded its custom-silicon partnership with Marvell Technology, raising concerns that Broadcom could face greater competition for the technology giantโs future artificial intelligence chip spending. AVGO traded at approximately $361.45 as of 9:53 a.m.
This content is automatically aggregated. Full credit goes to the original publisher (thecryptobasic.com).
