By finviz.com
Publication Date: 2025-11-13 13:14:00
Key Points
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Sell-offs for artificial intelligence (AI) stocks are continuing in Thursday’s trading, and the trend is hitting Broadcom’s valuation.
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Investors are reacting to news that the government shutdown will result in the publication of less macroeconomic data.
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Lack of visibility on inflation could make the Federal Reserve less likely to deliver the interest rate cut investors are hoping for.
Broadcom (NASDAQ: AVGO) stock is seeing another substantial pullback amid the backdrop of a broader trend for valuations in the artificial intelligence (AI) space. The company’s share price was down 5.5% as of noon ET Thursday. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) had fallen 1.2%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 1.8%.
Investors are continuing to move out of AI stocks in response to valuation concerns, and Broadcom is among the big names in the category getting hit with sell-offs. Despite the pullback, the connectivity-chip leader’s stock is still up 44.5% in 2025…
