Broadcom Stock Remains Shaky After DeepSeek Sell-Off. How Worried Should Investors Be?

Broadcom (AVGO) stock is bouncing between positive and negative territory Tuesday after the chipmaker plunged more than 17% Monday following the release DeepSeek, The artificial intelligence (AI) chatbot from China quickly climbed to the top of Apple’s (AAPL) app store as the most downloaded free application.

Wall Street is keeping a close eye on several semiconductor stocks after the release of DeepSeek, an open-source AI chatbot created by a Chinese technology company. DeepSeek claims that…