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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    Why EV Maker XPeng Stock Soared This Week

    Key Points XPeng generated excitement among investors at its AI Day last week. The EV maker set a new monthly vehicle delivery record in October. XPeng is scheduled to provide its third-quarter update on Monday, Nov. 17. Chinese electric vehicle (EV) makerXPeng(NYSE: XPEV) has bucked the “risk off” trade this week, rising as much as…

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