By Daniel Sparks, The Motley Fool
Publication Date: 2026-06-06 00:23:00
Shares of semiconductor and software company Broadcom (NASDAQ: AVGO) closed at an all-time high on Tuesday, June 2. Then, after the market closed the next day, the chipmaker reported its fiscal second-quarter results (the period ended May 3, 2026) — a record quarter, with artificial intelligence (AI) chip sales up 143% year over year and a sharply higher forecast for the current quarter. Yet the stock fell about 13% on Thursday and another 8% on Friday, erasing hundreds of billions of dollars in market value and dropping Broadcom’s market capitalization back below $2 trillion.
So, why would investors sell a stock after a quarter like this?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »