2026-06-09 17:11:14
The S&P 500 tech index shed almost 1.7%.
Heavyweight Nvidia fell 1.2%, while Apple and Microsoft lost 3% and 1.1%, respectively.
AI stocks saw a sharp sell-off on Friday, after Broadcom's disappointing forecast fueled concerns about high valuations in the sector, particularly in chipmakers, which have rallied strongly this year.
Shares of chipmakers Intel, Broadcom and Micron Technology dropped between 1.7% and 2%.
The Philadelphia SE Semiconductor index fe…




