Shares of Broadcom (AVGO) are down 3% to $177.58 after Bloomberg reported Apple (AAPL), starting in 2025, will move away from Broadcom chips in favor of its own in some products.
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Read More on AVGO:
- Apple nears switch from Broadcom to in-house chip, Bloomberg reports
- Broadcom options imply 6.7% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, December 12, 2024
- S&P 500 Rockets Higher on November Inflation Data
- Broadcom Stock Soars on Report Its Helping Apple Develop an AI Chip
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