Broadcom stock is struggling for direction Tuesday after the chipmaker fell sharply Monday following the release of DeepSeek, a cheap AI chatbot.
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
Shares of Apple charged higher on Monday, bucking the trend as its large-cap tech peers tumbled on concerns about overspending on AI.
Nvidia and Broadcom claw back some losses from Monday’s deep selloff in artificial-intelligence stocks, while General Motors posts better-than-expected adjusted earnings.
The Vanguard Information Technology Index Fund ETF Shares (NYSE Arca: VGT), down 1.47% on the day,  as the week continues to see members like Apple (Nasdaq: AAPL), Nvidia (Nasdaq: NVDA), Microsoft (Nasdaq: MSFT) and Broadcom (Nasdaq: AVGO) reel in the wake of DeepSeeks competitor to ChatGPT.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.
Apple last updated the Apple TV in October 2022, introducing a new, smaller design, USB-C on the Siri remote, and a bump from the A12 chip to the A15 chip. The product is now over two years old, and rumors are starting to pop up about the next model.
Broadcom stock sold off on Monday following DeepSeek's release. Read why I think AVGO represents a solid short-term and long-term Buy.
The release of DeepSeek’s open-source AI chatbot caused a sharp sell-off in Nvidia and Broadcom, shifting market sentiment in favor of AI users.
Broadcom shares were trading about 4% higher in premarket trade. Meta CFO Susan Li told investors on a conference call that the company will use more of the chips it's designed with Broadcom. The chips are known as Meta's Training and Inference Accelerator,
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems. The company is believed to control as much as 98% of the data center GPU market, according to semiconductor analyst firm TechInsights. If AI models can be trained on lower-cost, inferior chips, Nvidia has a lot to lose.