San Francisco, 4 June 2026 – Broadcom shares tumbled after the chipmaker’s quarterly revenue missed expectations and its AI outlook failed to deliver the sharper upgrade investors had hoped for, raising fresh questions over whether the market has priced the artificial intelligence semiconductor boom too aggressively.
The company’s shares fell about 12% in premarket trading, putting Broadcom at risk of losing more than US$285 billion in market value if the decline holds. The selloff came despite continued strength in the company’s AI semiconductor business, showing how elevated expectations have become across the AI-linked chip sector.
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