AI chip stocks fall on Broadcom earnings disappointment

KuCoinFlash

Release Time: 06/04/2026 13:53:48

Summary

On-chain data showed AI chip stocks plummeting on June 4, 2026, following Broadcom’s weak earnings report. The Nasdaq declined 1.10%, with NVIDIA down 0.6%, TSMC down 1.9%, and Broadcom down 13.9%. On-chain analysis revealed widespread selling pressure across the sector, as Micron, AMD, ASML, Intel, and ARM all posted double-digit losses. The Dow Jones rose 0.97%, while the S&P 500 fell 0.37%.

Odaily Planet Daily report: According to MSX.COM data, the three major U.S. stock indices opened mixed—the Dow Jones Index rose 0.97%, the S&P 500 Index fell 0.37%, and the Nasdaq Composite Index fell 1.10%. Following a disappointing earnings report from Broadcom, traders sold off semiconductor stocks, leading to broad declines in the AI chip sector: NVIDIA's stock dropped 0.6%, TSMC's stock fell 1.9%, Broadcom's stock plunged 13.9%, Micron Technology's stock declined 6.61%, AMD's stock dropped 5.24%, ASML's stock fell 2.92%, Intel's stock declined 4.13%, and ARM Holdings PLC Sponsored ADR fell 7.7%.

MSX is a leading RWA trading platform that has listed hundreds of RWA tokens, including popular U.S. stocks and ETF tokens such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

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