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Broadcom stock is under renewed pressure as weaker-than-expected OpenAI revenue figures add to concerns over financing exposure, China risks and elevated infrastructure spending.
Shares of Nvidia Corp. (NVDA), Oracle Corp. (ORCL) and CoreWeave (CRWV), as well as other chipmakers, edged higher in overnight trading late Thursday after OpenAI’s weaker-than-reported revenue disclosure triggered a sharp slide in the regular session.NVDA rose 0.5%, while ORCL and CRWV inched up 0…
Broadcom Inc. (AVGO) is set for a $319 billion market-cap wipeout on Thursday after its decision not to raise AI revenue expectations for fiscal 2026 and 2027 disappointed investors.