
Broadcom misses expectations causing a selloff in US-traded chipmakers. Nvidia drops 6.19%, Micron falls 13.25%, AMD declines 10.86%, and Broadcom drops 7.92%. The market reaction reflects investor concern over semiconductor demand. The drop occurs amid no new product announcements or guidance updates.
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Chip selloff erases over $1 trillion in stock market value
Summary by ByteBrief