On Wednesday, AI-linked stocks like Broadcom (NASDAQ: AVGO) dipped after a report claimed a major AI adopter was easing off on selling AI-enhanced products. Despite this, the S&P 500 index rose by 0.3%.

The report, published on The Information, suggested that Microsoft divisions had reduced sales growth targets and quotas for AI products. Microsoft denied this claim, stating they did not lower AI sales quotas.

Investors reacted skeptically to the news of reduced targets and quotas, reflecting resistance to concentrated AI product sales efforts. While speculative, caution is advised with expectations for this innovative technology, despite Broadcom’s overall potential.

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Read more at Nasdaq: Why Broadcom Stock Slipped Today