Why Broadcom Stock Is Falling Today

Shares of semiconductor company Broadcom (NASDAQ: AVGO) were tumbling today after it was reported that the company is testing out Intel‘s manufacturing chip process. Broadcom designs its chips, but doesn’t manufacture them. Most of the company’s processors are currently made by Taiwan Semiconductor Manufacturing (TSMC).

Broadcom investors evidently don’t like the idea of the company potentially using Intel as its manufacturer, and sent the stock down by as much as 4.2% today. Broadcom’s…