Nvidia (NVDA) stock is down. Broadcom’s (AVGO) stock also dropped on Tuesday.
Nvidia shares fell by 2.9%, now at $128.17. They had a high of $148.87 in November.
Broadcom shares rose over 11% on Monday but fell by more than 5% on Tuesday to $326.54.
This month, Broadcom’s stock is up about 50%. Their market value is now $1.17 trillion.
Nvidia’s stock is up 170% this year. Broadcom’s is up 130%.
Broadcom did well with $30.1 billion in sales last year, thanks to AI. They expect strong earnings this year.
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