By Azat TV
Publication Date: 2025-12-08 20:30:00
Quick Read
- Broadcom stock surged 2% to a record high on Monday.
- Microsoft is reportedly in talks with Broadcom to design custom chips.
- The S&P 500 dipped 0.2% as investors await the Federal Reserve’s rate decision.
- Tech stocks outperformed broader indices amid market uncertainty.
On Monday, the S&P 500 edged lower by 0.2%, its momentum slowing as investors worldwide kept a close eye on the Federal Reserve’s looming interest rate decision. Most sectors treaded water, but technology stocks stood out as an exception — and none more so than Broadcom.
Broadcom’s stock leapt 2%, reaching a new record high. The move came shortly after The Information reported that Microsoft was in talks with the semiconductor giant to design custom chips. This news electrified market watchers, triggering a wave of enthusiasm among investors who see such partnerships as pivotal in the race for technological dominance.
The broader market mood, however, was more subdued. The Nasdaq Composite hovered around…
