🔴 Tech ETF (XSD) is trading 2.3% down today as Broadcom's weak guidance pressures chip stocks

XSD is trading at $466.34, down -2.26%, as Broadcom's weaker fourth-quarter guidance pressures semiconductor stocks.

• XSD is declining despite gains in the broader market, indicating semiconductor-specific weakness rather than a broad risk-off session.
• Broadcom beat third-quarter expectations, but weaker fourth-quarter guidance overshadowed 221% AI semiconductor revenue growth ahead of its earnings-related event.
• Technology-sector weakness is also reflected in XLK, which fell 1.5% in market coverage.