Broadcom Inc (NASDAQ:AVGO) stock fell 1.7% to $162.87 this week, as investors assessed the ripple effects of NVIDIA's third-quarter earnings report on the broader semiconductor sector.

Nvidia, a key player in AI and data center markets where Broadcom also operates, posted strong results but provided a cautious fourth quarter outlook. The mixed market reaction to Nvidia's report appeared to keep Broadcom shares in a holding pattern, reflecting broader uncertainties about growth prospects in the chip industry.

What To Know: Nvidia's robust performance underscored the ongoing demand for AI-related infrastructure, including advanced GPUs and complementary hardware, areas...