XSD Falls 11% Amid Disappointment Over Broadcom's AI Guidance
The SPDR S&P Semiconductor ETF (XSD) dropped 11.27% on June 5, 2026, its worst single-day decline in years, driven by a miss from Broadcom’s Q3 AI guidance and losses across semiconductor holdings like Marvell Technology Group (MU). The equal-weight nature of XSD amplified the impact compared to cap-weighted alternatives.
Tickers: $ARM $AVGO $LRCX $MRVL $MU $XSD
Topics: Broadcom guidance miss Marvell decline semiconductor ETFs XSD