Market News / Story
Why Broadcom Stock Is Falling Today
GuruFocus ·
GuruFocus reports: Broadcom shares fell about 2% in morning trading Thursday as investors weighed reports that the chipmaker is exploring a large financing package tied to custom artificial intelligence processors it is developing with OpenAI. The discussions could involve roughly $50 billion of debt, according to people familiar with the matter cited in reports. No formal financing process has started, and the potential size and structure could change as talks develop. The potential deal…