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Broadcom Stock Drops to $364 as $120B Marvell Shock Rattles AI Chip Bets

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Broadcom stock closed at $364.03, well below its 20- and 50-day EMAs near $393, after a sharp pullback triggered by competitive and financing headlines. The gap between price and moving averages confirms this was a fast, aggressive correcti…

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Broadcom Stock Drops to $364 as $120B Marvell Shock Rattles AI Chip Bets
Cryptonomist 1h ago

Broadcom Stock Drops to $364 as $120B Marvell Shock Rattles AI Chip Bets

Broadcom stock closed at $364.03, well below its 20- and 50-day EMAs near $393, after a sharp pullback triggered by competitive and financing headlines. The gap between price and moving averages confirms this was a fast, aggressive correcti…