Amid a soft session on Wall Street, technology giant Broadcom (NASDAQ: AVGO ) slipped conspicuously, suffering significant viability concerns. On Monday afternoon, news broke that consumer tech stalwart Apple (NASDAQ: AAPL ) will drop a key Broadcom partnership in favor of incorporating its own in-house chips and components.
Broadcom (AVGO) Stock Drops as Apple Plans on Using In-House Chips