Broadcom Stock Gets Fresh Meta AI Lift as Duolingo Stock Falls on Growth Fears
Broadcom shares rose after Meta announced a multi-year AI chip partnership, committing to over 1 gigawatt of custom silicon through 2029. Duolingo fell 2.2% as investors reacted to slower growth and weaker earnings forecasts. The Nasdaq gained 2% Tuesday. Broadcom also recently secured chip deals with Google and Anthropic.