AVGO is trading at 3.1% down now at $332.93 as part of a continuing pullback in major AI-related semiconductor names, reflecting ongoing sector rotation and cooling AI enthusiasm.

  • Shares had already fallen about 15% over the past month, even after a very strong run to recent record highs.
  • The stock remains up nearly 50% over the past 52 weeks despite the recent decline.
  • The move is attributed to profit-taking and valuation concerns around AI leaders, with no new company-specific headlines today.