On Wednesday, Broadcom (AVGO.US) fell more than 4%, trading at $338.72. The decline follows reports that Chinese authorities have instructed companies to cease using cybersecurity software developed by U.S. and Israeli firms, including Broadcom's subsidiary VMware, potentially impacting its revenue from the Chinese market. Additionally, Broadcom issued $4.5 billion in senior notes on January 13 as part of a debt restructuring, increasing its financial leverage and raising investor concerns about its debt repayment capacity.
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