AVGO is trading at $319.31, down 3.34% as of 9:31 AM EST, as tariff implementation concerns and broader tech sector pressure weigh on the semiconductor giant.
- Broadcom's significant exposure to international supply chains and AI data center infrastructure makes the stock particularly vulnerable to emerging tariff-related headwinds.
- The decline follows a 0.69% drop in the previous session, suggesting building momentum weakness ahead of today's tariff deadline.
- While analyst sentiment remains a consensus Strong Buy, near-term margin pressures within the AI semiconductor segment continue to weigh on investor confidence.