Broadcom closed Friday trading at $325.17, down 2.3% for the week. While the semiconductor sector gained ground with the SOXX ETF climbing 1.8%, Broadcom (NASDAQ:AVGO) moved against the tide.
Amid a sell-off in US tech stocks, Indian IT majors such as TCS and Infosys recorded significant losses, raising concerns about potential layoffs and weakened balance sheets.
Cybersecurity has moved from a nice-to-have line item to a core operational requirement for nearly every organization. As companies adopt ...