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How Broadcom's Guidance Drove a Global Chip Selloff and KOSPI's 5% Drop — Market Wrap Jun 5, 2026
Today's AI insights from 7horns.ai reveal a sharp global tech selloff led by Broadcom's disappointing guidance, which sent semiconductor stocks tumbling across markets. The KOSPI plunged 5.0%, reflecting deep concerns about AI supply-chain disruptions impacting Samsung and SK Hynix. In the US pre-market, Broadcom dropped another 1.61% after a 12.59% fall yesterday, while Micron and Arm Holdings slid 3.19% and 4.82%, respectively. The Nasdaq futures fell 0.95%, weighed down by tech sector fears, whereas the Dow futures remained flat, hinting at rotation into cyclicals. Meanwhile, Google bucked…
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