By finviz.com
Publication Date: 2025-11-13 13:14:00
Key Points
Sell-offs for artificial intelligence (AI) stocks are continuing in Thursday’s trading, and the trend is hitting Broadcom’s valuation.
Investors are reacting to news that the government shutdown will result in the publication of less macroeconomic data.
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…
