Chip giant Broadcom (AVGO) saw a sudden surge in trading volume and its share price dropped as much as 4% to $408 during Tuesday's session.

Market news indicates that the company's collaboration agreement with leading artificial intelligence company OpenAI has unexpectedly encountered financing obstacles, prompting a sell-off by investors. The unusual stock price movement was accompanied by a significant surge in trading volume, demonstrating the market's strong reaction to this news. According to the latest trading data, Broadcom's share price remains volatile around $408, down about 4% compared to the previous closing price.