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Semiconductor stocks declined as Broadcom's forecast weighed down the broader complex.
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This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.
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The stock merely surrendered gains accumulated over the past week.
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Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six
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Broadcom’s downbeat AI outlook is rattling chipmakers even as the Dow notches fresh records, today, June 4, 2026.
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Broadcom stock fell nearly 13%, pulling the Nasdaq 100 lower.
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US equity indexes were mixed as technology declined amid a broad-based rally, while slumping crude o
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FEATURE The artificial-intelligence rally may have lost some steam Thursday, but healthcare and financial stocks had a solid session. Technology shares were hit hard Thursday after mediocre revenue guidance from Broadcom caused investors to question how fast AI demand would acce
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Technology was one of the few sectors in the red Thursday, while broader markets gained.
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Beyond the initial AI-fueled surge, it is how management leveraged that momentum that has Wall Street taking notice.
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