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[ARTICLE · art-51685] src=ca.finance.yahoo.com ↗ pub= topic=ai-chips verified=true sentiment=↑ positive

Broadcom stock jumps on Apple AI chip deal, while Nvidia's relative stock price drops

Broadcom's stock surged following a report that Apple is developing its own AI server chip with Broadcom, while Nvidia's stock fell on the news. The deal positions Broadcom as a key supplier for Apple's AI infrastructure, potentially reducing Apple's reliance on Nvidia chips.

read1 min views39 publishedJul 8, 2026
Broadcom stock jumps on Apple AI chip deal, while Nvidia's relative stock price drops
Image: Ca (auto-discovered)

Yahoo Finance's Josh Lipton takes a closer look at some of Wednesday's trending tickers and stories, including Nvidia's (NVDA) relative stock price; Broadcom's (AVGO) and Apple's (AAPL) AI chip deal; and travel-related stocks like Carnival (CCL), United (UAL), and Delta (DAL).

source & further reading
ca.finance.yahoo.com — original article AI companies run virtual drug trials, aim to improve success of human studies Anthropic opens its most powerful AI models to more security teams Privacy concerns put smart glasses under scrutiny as Norway seeks temporary ban
── more in #ai-chips 4 stories · sorted by recency
── more on @broadcom 3 stories trending now
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