Broadcom Struggles Amid Steep AI Correction, Raising Awareness Of Direxion's AVL, AVS ETFs
As one of the world's top designers, developers and manufacturers of semiconductor and infrastructure software products, Broadcom Inc (NASDAQ:AVGO) has naturally enjoyed a strong performance in the market. Since the beginning of this year, AVGO stock gained almost 47%, easily outpacing the Nasdaq Composite's run of 18.43% during the same period. However, even Broadcom wasn't immune to recent downside pressure.To be fair, the overall volatility so far hasn't been terrible compared to other big names in the i ...