{"id":1012494,"date":"2026-06-05T11:14:30","date_gmt":"2026-06-05T05:44:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012494"},"modified":"2026-06-05T11:14:30","modified_gmt":"2026-06-05T05:44:30","slug":"broadcom-shares-plunge-15-on-weak-ai-outlook-set-for-biggest-one-day-crash-in-over-a-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/05\/broadcom-shares-plunge-15-on-weak-ai-outlook-set-for-biggest-one-day-crash-in-over-a-year\/","title":{"rendered":"Broadcom shares plunge 15% on weak AI outlook, set for biggest one-day crash in over a year"},"content":{"rendered":"<p>Shares of Broadcom Inc crashed 15.3% on Thursday, 4 June, falling to around $406 apiece on the NYSE after the company\u2019s fiscal second-quarter numbers and its decision not to raise its AI revenue expectations for fiscal 2026 and 2027 disappointed Wall Street investors.<\/p>\n<p>If the losses are sustained through the close, it would mark the stock\u2019s biggest single-day decline since January 2025 and could wipe out more than $300 billion from the company\u2019s market value of about $2.268 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Broadcom Inc crashed 15.3% on Thursday, 4 June, falling to around $406 apiece on the NYSE after the company\u2019s fiscal second-quarter numbers and its decision not to raise its AI revenue expectations for fiscal 2026 and 2027 disappointed Wall Street investors. If the losses are sustained through the close, it would mark the stock\u2019s biggest single-day decline since January 2025 and could wipe out more than $300 billion from the company\u2019s market value of about $2.268 trillion.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1012494","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012494"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012494\/revisions"}],"predecessor-version":[{"id":1012495,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012494\/revisions\/1012495"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}