AI stocks decline as Dow reaches record high, AAOI surges 10%, Bitcoin consolidates near $63K

Huo Xing Finance reports: On June 5, overnight and into the morning, U.S. tech stocks and semiconductor shares declined due to Broadcom’s weaker-than-expected AI earnings guidance. Capital rotated into lagging sectors such as healthcare and financials, driving the Dow Jones Industrial Average up 1.73% to a new all-time high. The Nasdaq briefly fell more than 1% during trading, but investors continued to execute the “buy the dip” strategy, largely recovering losses by close. Among individual stocks, NVIDIA rose nearly 2%, Micron Technology fell 7.7%, Broadcom dropped over 12%, MRVL—the next trillion-dollar stock identified by Jensen Huang—gained 4.89%, and Google rose 3.68%, leading the Big Seven tech stocks. In the CPO (co-packaged optics) space, AAOI closed up 10.16%, but after-hours selling by executives triggered a 3.41% decline; COHR rose 1.05%, LITE gained 0.75%, and GLW fell 1.4%. Bitcoin halted its decline following Serenity’s call and is currently trading sideways above $63,000, awaiting directional clarity. Additionally, all crypto-related stocks mentioned by Serenity remained higher: CRCL rose 0.47%, COIN gained 0.58%, and HOOD surged 6.61%.