Netflix files suit against Broadcom

Chip stocks Nvidia and Broadcom are rising, while U.S. Steel tumbles as Nippon Steel’s plan to acquire the U.S. steel company ...
PALO ALTO, Calif., Dec. 22, 2023 -- Broadcom Inc. (NASDAQ: AVGO) announced today that the District Court in Munich, Germany fined Netflix €7.05 million for its infringement of a Broadcom patent.
With arguably its most important live events ever on deck, Netflix has already thoroughly impressed Wall Street this year.