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Broadcom -13%, Drags Sector: Is $420 a Bottom?

Broadcom cratered 12.59% as AI revenue guidance fell short of peak expectations, triggering a 'buy the rumor, sell the news' unwind that dragged AMD down 3.56% and the 3x semiconductor ETF down 6.36% — while Nvidia bucked the trend, edging up 1.94%. Meanwhile, the Dow Jones hit an all-time high, signaling a clear rotation from chips into value as institutions called it 'time to take profits.' With Citi eyeing a $500 target, is this a healthy pullback or the beginning of a broader AI bull market reversal?

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