Semiconductor Stocks Drop as Broadcom's Disappointing Outlook Sparks Sector Sell-Off
Broadcom (AVGO) reported a weaker-than-expected AI chip outlook, leading to a sharp decline in its shares and triggering a broader sell-off across the semiconductor sector. Major players like Intel (INTC), AMD (AMD), Micron (MU), SanDisk (SNDK), and Marvell Technology (MRVL) all saw significant pre-market declines.
Tickers: $AMD $AVGO $INTC $MRVL $MU $SNDK
Topics: ai_chips broadcom semiconductors stock_market