Broadcom in focus as Citi reiterates Buy even as China sanctions could hit revenue

Posted on by wpadmin
Broadcom headquarters in San Jose, California, United States

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  • Broadcom (NASDAQ:AVGO) was in focus on Monday as investment firm Citi reiterated its Buy rating on the semiconductor giant, even as the Biden administration unveiled its latest round of export control curbs aimed at artificial intelligence processors.
  • Shares fell 2.4%

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