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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This revised text simplifies the original information to around 190 words, using straightforward sentences and common vocabulary, making it suitable for English learners at the A1 CEFR level.
Vocabulary List:
- Dropped /drɒpt/ (verb): To have decreased or fallen in value.
- Shares /ʃeərz/ (noun): Units of ownership in a company.
- Value /ˈvæljuː/ (noun): The monetary worth of something.
- Market /ˈmɑːrkɪt/ (noun): A place where commercial activity occurs; the economic system where goods are bought and sold.
- Sales /seɪlz/ (noun): The exchange of goods or services for money.
- Earnings /ˈɜrnɪŋz/ (noun): Money obtained in return for labor or services.
