Stock Market Today, Dec. 17: Broadcom Drops on China AI Chip Breakthrough and AI Buildout Uncertainty

    Stock Market Today, Dec. 17: Broadcom Drops on China AI Chip Breakthrough and AI Buildout Uncertainty

    Motley Fool – Wed Dec 17, 4:33PM CST Broadcom(NASDAQ:AVGO), which designs and supplies semiconductor devices and infrastructure software solutions, closed at $326.02, down 4.48%. Trading volume reached 73 million shares, coming in about 287% above versus its three-month average of 26 million shares. How the markets moved today Wednesday’s trading reflected renewed concern about AI…

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    This photo provided by BMW shows the 2025 BMW X3. It offers sporty driving dynamics, advanced tech, and ample space for passengers and cargo. (Courtesy of BMW of North America via AP)

      Luxury car sales in China weaken as its economy slows

      HONG KONG (AP) — Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper…

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