WGMI is trading 2% down in after-hours trading, primarily as Broadcom’s weaker-than-expected forward revenue guidance overshadowed its earnings beat and pressured AI-semiconductor sentiment.
- Broadcom forecast $34.8 billion in current-quarter revenue versus $35.05 billion expected; its shares fell sharply after the report.
- The regular session was supported by renewed technology and semiconductor buying, falling Treasury yields, stronger Bitcoin and Ethereum prices, and broad Nasdaq gains.
- WGMI’s heavy information-technology exposure likely explains the reversal after the close.