The tech giant's stock sold off after a poorly received earnings report.
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Following recent sell-offs, Broadcom stock is down 23% from its high.
U.S. Bank Asset Management Group National Investment Strategist Tom Hainlin joins Josh Lipton on Market Domination Overtime to discuss the key forces that could continue driving stocks higher despite a hotter-than-expected CPI report, escalating tensions between the U.S. and Iran, and a recent sell-off in technology shares.
Investing.com -- As the semiconductor sector navigates a massive market rally, Wall Street is increasingly looking to separate the core secular winners from short-term cyclical plays. In a fresh assessment of the industry, Citigroup analyst Atif Malik reiterated that a recent pullback in the broader semiconductor group is entirely healthy. To capitalize on this temporary pause, Malik maintained Broadcom Inc (NASDAQ:AVGO), Texas Instruments Incorporated (NASDAQ:TXN), and Applied Materials Inc (NA
By Caroline Valetkevitch and Joel Jose June 10 (Reuters) - All three major U.S. stock indexes were down more than 1% on Wednesday afternoon, with chipmaker shares extending recent declines and with

Big Tech stocks are having a rough go of it in June as the Magnificent Seven drags the broader market down with it (^DJI, ^IXIC, ^GSPC). Yahoo Finance Markets and Data Editor Jared Blikre examines how the S&P 500's losses are concentrated at the top of the AI trade, also taking a closer look at Oracle's (ORCL) fourth quarter earnings expectations.
Shares of Qualcomm (NASDAQ:QCOM) are down 6% to $193 and change in midday trading Wednesday, while Arm Holdings (NASDAQ:ARM) stock is off 5% to $309.75. The moves come as mobile and edge-compute chip names lag the broader semiconductor tape. The iShares Semiconductor ETF (NASDAQ:SOXX) is down by 2.3% on the session, signaling that the weakness ... Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff
The shares of Broadcom Inc. (NASDAQ:AVGO) have fallen more than 20% since the company reported its fiscal Q2 2026 results. However, analysts expect the company to grow its EPS by more than 50% over the next 5 years, making it one of the Top 10 Unstoppable Growth Stocks to Invest In. According to a June […]
On Friday, June 5, Micron Technology, Inc. (NASDAQ:MU) declined almost 20% due to a sector-wide correction triggered by Broadcom’s earnings. On Thursday, June 4, Broadcom released its fiscal Q2 2026 earnings, in which the company did not raise its full-year AI semiconductor revenue target, thereby sparking a sector-wide concern that AI capital expenditure has plateaued. […]
Wall Street has never met an acronym it didn’t like. FAANG gave way to the Magnificent 7, and now a fresh label is making the rounds among investors trying to capture the next leg of the artificial intelligence (AI) trade. The new grouping, half marketing slogan and half investment thesis, goes by the name MANGOS: ... Investors Are Ditching the Magnificent 7 For a New Group of Stocks: The MANGOS
Apollo and Blackstone announced that they've partnered with Broadcom to launch an AI infrastructure platform backed by an initial $35 billion loan.
Wall Street is getting nervous about the sustainability of the artificial intelligence infrastructure boom.
Semiconductor stocks are under renewed pressure midday Wednesday. Shares of Broadcom (NASDAQ:AVGO) are down 4% to $375, Advanced Micro Devices (NASDAQ:AMD) stock is off 4% to $457, and NVIDIA (NASDAQ:NVDA) shares are down 3% to $202. The intraday selloff extends a rough stretch for AI-hardware leaders. No single catalyst fully explains the slide. Three overlapping ... Broadcom and AMD Sink 4%, NVIDIA Slides 3% as the Chip Selloff Deepens
The operation should make it easier for a broader range of investors to buy the stock.
CRDO's AI connectivity push fueled record fiscal 2026 revenue, with optical products poised for a major growth inflection in fiscal 2027.
You could buy all the aerospace companies in the S&P 500 and still have $300 billion left over for what investors are going to shell out for SpaceX.
Nvidia, AMD, and Broadcom all look like good buys in the wake of this dip.

The AI trade continues to stand on unsteady ground this week as semiconductor stocks waver. Oracle's (ORCL) fiscal fourth quarter earnings are due out after Wednesday's market close, which could ultimately be a tipping point for the AI sector. JonesTrading chief market strategist Michael O'Rourke speaks with Yahoo Finance Executive Editor Brian Sozzi about his outlook on the AI sector.
Bankers are taking in hundreds of billions in orders for the $75 billion in stock SpaceX plans to sell this week.
US stocks were set to open lower on Wednesday, but investors gained a little confidence from fresh inflation data ahead of the opening bell, while there were conflicting Middle East messages that pushed oil prices higher. Futures pointed to a weaker start on Wall Street, with the Dow Jones,...
Micron Technology (NasdaqGS:MU) has added Dr. Alexis Black Björlin to its board of directors. Dr. Black Björlin is an experienced AI and semiconductor executive with prior leadership roles at NVIDIA, Meta, Broadcom, and Intel. The appointment brings deeper expertise in AI infrastructure, cloud platforms, and advanced semiconductor hardware to Micron’s governance bench. Micron Technology, trading at a recent share price of $935.89, has been one of the more intensely watched AI hardware...
June 10 (Reuters) - U.S. stock index futures fell on Wednesday as technology stocks extended losses, while renewed tensions between the U.S. and Iran weighed on sentiment ahead of a key inflation
NYU professor Scott Galloway warns a wave of upcoming AI IPOs could trigger an 80% collapse for one new market debut, and the aftershocks may hit already-public AI names like Nvidia Corp and Tesla Inc. The Prof G Markets co-host...
As investments go, Beignet and Big Sky may not be household names. But that doesn’t mean households aren’t going to be exposed to their financial...
U.S. stock markets closed mixed on Tuesday as the AI trade disappointed again just after a day of rebound.
Anthropic, the creator of AI-model Claude, will lease powerful but costly computer chips at five dat
Broadcom’s first quarter results for 2026 exceeded Wall Street’s expectations for both revenue and profit, yet shares fell sharply as investors digested underlying trends. Management credited surging demand for AI semiconductors as the core driver of year-on-year growth, with CEO Hock E. Tan emphasizing that “AI semiconductor revenue reached a record $10.8 billion, up 143% year on year.” Margins benefited from scale and operating leverage, but the company noted that product mix shifts—particular