Broadcom Stock Drops Amid Chip Sector Decline Following Nvidia's Results

Reported about 10 hours ago

Broadcom shares slid to a one-month low due to a wider chip stock selloff spurred by Nvidia's earnings and tariff discussions. The stock fell 7% as selling intensified, and key support levels to monitor are $185, $160, and $140, while resistance levels are around $230 and $295. Despite current setbacks, Broadcom has seen a significant upward trend over the last year thanks to strong AI chip demand.

Source: YAHOO

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