Broadcom is trading 3.6% down now at $378.46 after broad semiconductor weakness intensified amid rising bond yields, elevated oil prices, and Middle East geopolitical tensions.
- SOXX is down 2.78%, while the Nasdaq Composite is down 1.34%.
- Prominent hedge funds reportedly exited Broadcom positions for TSMC.
- Concerns continue over AI financing exposure and VMware-related regulatory issues.