Broadcom Stock Is Down 35% From Its Peak as AI Bubble Warnings Rise, but Analysts Stay Optimistic
Broadcom is stuck in a bear market after falling 35% from its all-time high, as analysts remains highly optimistic about the company.
Stocks · News reference
SanDisk (SNDK) premarket up ~3% before Aug 5 earnings. Wall Street projects $33.38 EPS with a consensus Buy rating.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Broadcom is stuck in a bear market after falling 35% from its all-time high, as analysts remains highly optimistic about the company.
The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.
Counterpoint’s MS Hwang tells Benzinga the memory chip sell-off reflects financing fears, not supply, as SK Hynix drops 24% in a week.
Roundhill CEO Dave Mazza says memory-chip demand remains strong, with supply commitments extending through 2027, despite falling DRAM ETF share.
Sandisk shares fall nearly 6% as investors brace for earnings amid Chinese memory chip advances and growing AI spending concerns.
Sandisk falls premarket, breaching key moving averages. Is the uptrend intact? Check key technical support, resistance levels & MACD signals.