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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 views45 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 Nvidia earnings and Jackson Hole: What to watch this week Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports Cybercrime to become world's 3rd largest economy: Mastercard CEO
── more in #ai-chips 4 stories · sorted by recency
── more on @broadcom 3 stories trending now
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