BlockBeats news, on June 4, U.S. market KOL Herman Jin (@ShanghaoJin) commented on the post-market decline of AVGO by 13.78% on social media, stating that this correction is a "temporary pain," the market has extremely low tolerance for errors, but the fundamental outlook for key suppliers remains positive and is not a systemic issue.
However, he also warned of risks: the market plunged simply because AVGO did not exceed expectations (it did not raise its full-year AI chip guidance), revealing the fragility of the entire AI supply chain—any slight shift in expectations can trigger sharp volatility.
It is reported that Herman Jin is a former executive officer/executive director of Goldman Sachs Asia’s FICC (Fixed Income, Currencies & Commodities), having worked at Goldman Sachs in Hong Kong for over 18 years (since approximately 2008).
BlockBeats previously reported that Broadcom's AI chip revenue forecast fell short of expectations, causing its stock to plunge and dragging down U.S. stocks in the optical module and storage sectors, with several popular stocks declining after hours. In the storage sector, Micron Technology (MU) fell 2.55%, SanDisk (SNDK) dropped 2.63%, Western Digital (WDC) declined 2.05%, and Seagate Technology (STX) slid 1.64%. Among optical module stocks, AAOI fell 4.28%, LITE dropped 3.97%, COHR declined 4.65%, and NOK slid 4.87%.