Apple stock up, Broadcom down after CEO Tim Cook chooses own Wi-Fi chip
Bloomberg reports that Apple is aiming to build its own WiFi/bluetooth chip by 2025. This would replace those chips currently supplied by Broadcom. AVGO stock lost over 1% in Tuesday's premarket on the release. Apple stock on the other hand is down but performing better relative to the NASDAQ. Apple…
bubmagJanuary 10, 2023