Broadcom CEO Hock Tan announced on June 5 the company is shifting from its acquisition-heavy strategy to organic growth, driven by surging AI demand. The semiconductor giant reported roughly $20 billi…
U.S. stocks plunged Friday, with the Nasdaq suffering its worst selloff since April 2025 after a strong jobs report fueled fears the Federal Reserve will hike interest rates, compounding existing worr…
The Philadelphia Semiconductor Index fell 2% on June 4 after Broadcom's AI chip guidance missed Wall Street expectations by roughly $1.2 billion, triggering the chipmaker's largest single-day drop sin…
A stronger-than-expected U.S. jobs report on June 5, 2026, triggered a broad sell-off in technology and semiconductor stocks, with the Nasdaq Composite falling sharply. The Bureau of Labor Statistics …
Daniel Sparks of The Motley Fool recommended Meta Platforms, Microsoft, and Broadcom as three AI stocks to buy and hold for the next decade, citing their ability to fund sustained AI infrastructure in…
Broadcom reported fiscal Q2 revenue of $22.2 billion, up 48% year over year, and AI semiconductor revenue of $10.8 billion, up 143%, triggering a share decline of up to 14% on valuation and customer c…
Tech stocks fell sharply as investor concerns over Broadcom's earnings, Google's AI spending, and upcoming AI-related IPOs triggered a broad sell-off. The downturn reflects growing unease about valuat…
Major stock indexes fell sharply Friday after a strong jobs report raised expectations for a Federal Reserve interest rate hike, with the Nasdaq 100 tumbling more than 3% as AI-related tech stocks led…
The Dow Jones Industrial Average reached a new high during the week, while shares of Broadcom and Ciena were impacted by developments in AI and chip stocks. Additionally, news emerged regarding a pote…
AI investment funds are shifting from GPU-focused semiconductor stocks to broader infrastructure sectors including power, industrial goods, and space, as profit-taking hits leading AI chipmakers like …
Technology stocks fell sharply Friday as a stronger-than-expected jobs report pushed bond yields higher, reducing the likelihood of near-term interest rate cuts and weighing on high-valuation momentum…
Micron Technology lost approximately $94 billion in market capitalization on June 4 after Broadcom's disappointing AI chip guidance triggered a sector-wide sell-off. Micron shares fell 7.7% in the com…
Broadcom CEO Hock Tan said Thursday the company is deprioritizing acquisitions because its AI business is growing faster than any deal could deliver. Speaking at the Bloomberg Tech conference in San F…
Asian equities slid on June 5, led by South Korea's Kospi which fell more than 5% in early trading after Broadcom's disappointing AI-chip guidance triggered a broad selloff in semiconductor stocks. Sa…
Broadcom shares fell 14-15% after the company reported fiscal Q2 2026 earnings on June 3, despite beating revenue and earnings estimates, as an unchanged full-year AI revenue target of $100B disappoin…
Seoul shares fell nearly 4% late Friday morning as investors locked in profits from a recent tech-led rally, with the Korea Composite Stock Price Index (KOSPI) losing 334.97 points, or 3.88%, to 8,304…
Asian technology stocks fell on Friday, June 5, 2026, after Broadcom's disappointing artificial intelligence revenue outlook triggered a sell-off in U.S. chip shares that spread to Asian markets. Broa…
Seoul shares plunged sharply Friday, with the KOSPI falling 5.2 percent to 8,190.25, driven by a tech sector selloff and uncertainty over the U.S.-Iran peace deal. Program trading was suspended after …
The S&P 500 rose Thursday while the Nasdaq 100 fell as Broadcom's failure to raise its AI chip revenue forecast dragged semiconductor stocks lower. Information technology was the worst-performing sect…
Broadcom shares plunged over 13% in after-hours trading on June 3, wiping out more than $250 billion in market value, after the company's third-quarter AI chip revenue forecast of $16 billion fell sho…