🟢 Broadcom is trading 3.2% up today as semiconductor stocks rebound from AI-chip selloff

Broadcom is trading 3.2% up at $382.69 as semiconductor stocks rebound following last week’s AI-chip selloff and valuation-driven weakness.

• The move tracks a broader rally in chip names, with the SOXX ETF up nearly 3% after a JPMorgan upgrade to Overweight.
• Investors are bargain-hunting following recent pressure tied to AI capital expenditures and stretched valuations.