The Story
News Summary
- Broadcom shares slid after Google expanded its custom AI chip partnership with Marvell, threatening Broadcom's dominant market share.
- Although Broadcom maintains a supply deal with Google through 2031, increased supplier diversification grants Google more bargaining power and risks diluting Broadcom's future AI semiconductor revenue growth.
Explore AVGO price history & advisor snapshot
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Stored market data
AVGO price history
361.99
-3.69% over the displayed period
Advisor Snapshot
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