Broadcom Inc is trading 2.7% down today at $383.48 as investors react to a weaker AI-chip sales outlook that has pressured the broader AI complex.
- The stock is underperforming a mixed market as sentiment digests disappointing chip sales forecasts highlighted in reports on the June pullback in major AI names.
- Renewed caution is driving a sell-off in high-multiple semiconductor and AI infrastructure plays, impacting industry leaders across the sector.