Taiwan Semiconductor Manufacturing Co. (TSM), Broadcom Inc. (AVGO), and other semiconductor companies fell in pre-market trade on Monday as Chinese AI startup DeepSeek’s open-source model threatened the hegemony of industry leader OpenAI.

What Happened? Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 13.6% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,

Back in 2016, the Singapore-based chipmaker Avago acquired the original Broadcom. It inherited its brand, relocated its headquarters to the U.S., and expanded into the infrastructure software market by acquiring CA Technologies in 2018, Symantec's enterprise security unit in 2019, and the cloud software giant VMware in 2023.

Shares of semiconductor giant Broadcom (AVGO) have almost doubled over the past year. Invest with Confidence: Follow TipRanks' Top Wall Street

US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI spending will stall.

We recently published a list of 10 Best Stocks to Buy for High Returns in 2025. In this article, we are going to take a look at where Broadcom Inc.

Shares of semiconductor giant Broadcom (NASDAQ: AVGO) were up Friday, gaining 2.7% as of noon ET, but were up as much as 3.6% earlier in the day. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 1% and 1.

Semiconductor stocks have been red hot over the last two years thanks to soaring demand for artificial intelligence (AI).

Broadcom, under CEO Hock Tan, now finds itself at the epicentre of one of the world’s fastest-growing markets — AI chips

Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.

The most popular is generally considered to be the Invesco QQQ ETF (NASDAQ: QQQ). What is the VanEck Semiconductor ETF? The VanEck Semiconductor ETF is the largest semiconductor ETF in the U.S., with $23 billion in assets under management.

Most troubling to investors is the fact that its creators say that DeepSeek cost just a fraction of what OpenAI, Alphabet (GOOGL) and others have spent on developing and training models. The price tag circulating for DeepSeek is $5.