Why Broadcom Stock Slipped Today
Wednesday wasn't an ideal day to plow money into artificial intelligence (AI)-linked stocks. A media report stated that a major AI adopter was easing off on selling AI-enhanced products, which affected stocks like chip maker (NASDAQ: AVGO). The company's shares declined marginally, on a day when the benchmark S 500 index bumped 0.3% higher.
That report appeared on tech industry news website The Information. According to a digest of the article from Investing.com, the site reported that an unspecified number of Microsoft divisions have reduced their sales growth targets and quotas for AI products.
Image source: Getty Images.
Source Fool.com
Microsoft Corp. Aktie
341,80 €
0,06 %
Die Microsoft Corp. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Eine deutliche Steigerung um mehr als 20% ist für Microsoft Corp. mit einem Kursziel von 503 € gegenüber 341.8 € zu erwarten.
