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Broadcom Miss Triggers 9% Drop in Asian Chip Stocks

6/8/2026

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Summary

Story summary

Broadcom posted a fiscal second-quarter revenue miss, prompting Asian semiconductor stocks to fall.
Shares fell up to 9% in South Korea and Taiwan, with Samsung Electronics sliding 6.4% and SK Hynix dropping over 9%.
Ortus Advisors strategist Andrew Jackson said a correction was needed after the sector’s gains.
Strategist Tim Urbanowicz warned AI expansion could generate returns in Taiwan and South Korea, whose ETFs are up 67% and 109% YTD.

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Story summary

Broadcom posted a fiscal second-quarter revenue miss, prompting Asian semiconductor stocks to fall.
Shares fell up to 9% in South Korea and Taiwan, with Samsung Electronics sliding 6.4% and SK Hynix dropping over 9%.
Ortus Advisors strategist Andrew Jackson said a correction was needed after the sector’s gains.
Strategist Tim Urbanowicz warned AI expansion could generate returns in Taiwan and South Korea, whose ETFs are up 67% and 109% YTD.