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Broadcom and AMD Sink 4%, NVIDIA Slides 3% as the Chip Selloff Deepens
Key takeaways
- Broadcom s Q3 AI revenue outlook of $16 billion missed analyst expectations, triggering a 14% share drop despite posting 48% overall revenue growth.
- BNP Paribas warns that investors may liquidate chip positions, with NVIDIA s $5 trillion market cap particularly at risk, in order to fund SpaceX, Anthropic, and OpenAI IPOs.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AMD didn t make the cut.
Broadcom and AMD Sink 4%, NVIDIA Slides 3% as the Chip Selloff Deepens David Moadel Wed, June 10, 2026 at 10:49 PM GMT+7 4 min read AMD AVGO NVDA Quick Read Broadcom and AMD each fell 4% while NVIDIA slid 3%, as AI guidance disappointment, Fed fears, and looming mega IPOs deepened the chip rout.
Broadcom s Q3 AI revenue outlook of $16 billion missed analyst expectations, triggering a 14% share drop despite posting 48% overall revenue growth.
BNP Paribas warns that investors may liquidate chip positions, with NVIDIA s $5 trillion market cap particularly at risk, in order to fund SpaceX, Anthropic, and OpenAI IPOs.
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