Broadcom spikes as influential analyst says Apple has halted its own Wi-Fi chips

G0d4ather

Broadcom (NASDAQ:AVGO) shares spiked to session highs, up more than 2%, after an influential analyst said Apple (NASDAQ:AAPL) has halted work on creating its own Wi-Fi chips.

TF International Securities analyst Ming-Chi Kuo said on Thursday that Apple (