Broadcom AI Guidance Triggers Chip Stock Drop — SkimNews
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- NVDA fell for a second day, joining Intel, AMD, and Micron after Broadcom's soft AI guidance.
- AVGO issued soft AI guidance that sparked the chip‑stock sell‑off.
- Dow closed up 875 points at a record high on June 4, 2026, with financials leading the rally.
Why it matters: Tech investors lose as NVDA, INTC, AMD, and MU drop, while financial stocks gain from the Dow’s 875‑point record rise, widening the market’s sector rotation.
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