Why Broadcom Stock Is Sinking Today

Broadcom (NASDAQ: AVGO) stock is seeing another substantial pullback amid the backdrop of a broader trend for valuations in the artificial intelligence (AI) space. The company's share price was down 5.5% as of noon ET Thursday. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) had fallen 1.2%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 1.8%.Investors are continuing to move out of AI stocks in response to valuation concerns, and Broadcom is among the big names in the category getting hit with sell-offs. Despite the pullback, the connectivity-chip leader's stock is still up 44.5% in 2025 as of this writing. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool