Broadcom Shares Dip Following OpenAI Partnership Announcement

Reported 18 days ago

Broadcom's stock experienced a decline after a significant surge due to its partnership with OpenAI to develop AI accelerator and network systems. Following a 10% rise on Monday, shares fell nearly 4% on Tuesday, leading investors to watch critical price levels at $374 and $415 for potential gains, as well as support levels around $324 and $291 for cautious trading.

Source: YAHOO

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