US-traded chipmakers plunged on Friday, after Broadcom missed expectations; Nvidia fell 6.19%, Micron fell 13.25%, AMD fell 10.86%, and Broadcom 7.92% (Noel Randewich/Reuters)

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AI chip stocks sold off sharply after Broadcom missed expectations, erasing over $1 trillion in market value.

Categories: Money & Moves

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<a href="https://www.reuters.com/business/media-telecom/chip-selloff-erases-over-1-trillion-stock-market-value-2026-06-05/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260605/i29.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260605/p29#a260605p29" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Noel Randewich / <a href="http://www.reuters.com/">Reuters</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/business/media-telecom/chip-selloff-erases-over-1-trillion-stock-market-value-2026-06-05/">US-traded chipmakers plunged on Friday, after Broadcom missed expectations; Nvidia fell 6.19%, Micron fell 13.25%, AMD fell 10.86%, and Broadcom 7.92%</a></b></span>&nbsp; &mdash;&nbsp; U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia &hellip; </p>