Broadcom Inc. (NASDAQ:AVGO) is one of the best US stocks to buy according to Billionaires. On July 13, Broadcom reportedly canceled its plans to invest in a microchip plant in Spain, according to news ...

Key Takeaways Broadcom leads in AI chips and networking, driving massive revenue growth.High valuation reflects strong demand ...

Broadcom canceled its planned $1 billion ATP facility in Spain this month due to negotiation breakdown, showing the opportunistic project wasn’t central to its global strategy.

The announcement sent AMD stock up more than 6%, marking a rebound after months of export uncertainty. The chipmaker had warned in April that it could face up to $800 million in charges tied to ...