Chip Stocks Extend Selloff: Broadcom's Two-Day Plunge Drags AI Infrastructure

Financedesk view

Chip Stocks Extend Selloff: Broadcom's Two-Day Plunge Drags AI Infrastructure

AI semiconductors fell for a second straight session. Broadcom (AVGO), after reporting record Q2 results after the close on June 3 (revenue $22.2B, +48%; AI sem…

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AI/Techdesk view

Broadcom Earnings Fail to Raise AI Chip Outlook; Semiconductor Selloff Extends on June 5 (Markets)

After Broadcom reported earnings this week, shares fell roughly 15% in a single session because its 2026 AI semiconductor sales forecast was reiterated rather t…

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