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Broadcom's sell-off just entered megacap history
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- Broadcom's sell-off just entered megacap history Jared Blikre Updated Thu, June 4, 2026 at 11:41 PM GMT+7 2 min read AVGO NVDA MSFT Broadcom (AVGO) is not just having a bad post-earnings pullback.
- The company beat quarterly earnings expectations, but its AI chip sales forecast disappointed investors after a huge run in the stock, pressuring the broader chip trade.
- That’s the hard part about the AI trade right now.
Broadcom's sell-off just entered megacap history Jared Blikre Updated Thu, June 4, 2026 at 11:41 PM GMT+7 2 min read AVGO NVDA MSFT Broadcom (AVGO) is not just having a bad post-earnings pullback. The stock is down nearly 15%, erasing roughly $320 billion in market value and putting it among the biggest single-stock wipeouts of the megacap era.
The trigger was Broadcom’s AI outlook. The company beat quarterly earnings expectations, but its AI chip sales forecast disappointed investors after a huge run in the stock, pressuring the broader chip trade.
That’s the hard part about the AI trade right now. The business can still be growing fast, and the stock can still get hit if expectations are even faster.
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