The Story
News Summary
- Broadcom shares fell nearly 5% after Anthropic's CEO urged moderation in AI model development, rattling chipmakers.
- However, CEO Hock Tan dismissed slowdown fears, reaffirming fiscal 2027-2028 AI revenue forecasts and highlighting durable long-term demand for inference and custom chips.
Explore AVGO price history & advisor snapshot
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Stored market data
AVGO price history
344.72
-12.81% over the displayed period
Advisor Snapshot
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