Why AI-Focused Semiconductor Leaders Taiwan Semiconductor Manufacturing, Broadcom, and Marvell Technology Plunged Today | The Motley Fool

Why AI-Focused Semiconductor Leaders Taiwan Semiconductor Manufacturing, Broadcom, and Marvell Technology Plunged Today | The Motley Fool

Shares of most artificial intelligence (AI)-related semiconductor stocks, including Taiwan Semiconductor Manufacturing (TSM -4.63%), Broadcom (AVGO -4.87%), and Marvell Technology (MRVL -7.30%), were falling hard on Wednesday, down 4.5%, 4.3%, and 6.6%, respectively, as of 12:49 p.m. ET.

Most AI-related hardware stocks, including Nvidia, were down sharply on three bits of news. One, the U.S. added about 50 Chinese companies and 80 total companies to the export…

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