Behind Broadcom’s Selloff

"Everything good, everything magical happens between the months of June and August." — Jenny Han

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Broadcom’s earnings beat but guidance flopped, sending shares barreling down 13% on Thursday, its worst day since January 2025.

The semiconductor and software maker makes money by designing custom AI accelerator chips for companies like Google and OpenAI, but its Chief Executive Hock Tan said he expects Google to diversify away

Broadcom re...

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