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0.000229921259842454 0.000913385826771718 0.00251968503937011 0.0031496062992126 0.00141732283464563 -0.00299212598425193 0.00373228346456694 0.00330708661417326
Stock impact report

Applied Materials, Broadcom, Lam Research, Western Digital, and Allegro MicroSystems Shares Are Falling, What You Need To Know [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
Even though Nvidia reported better-than-expected fiscal fourth-quarter results and provided upbeat guidance, its shares fell, dragging the broader market with it. The sell-off triggered a plunge in the Philadelphia Semiconductor Index and pulled down peers like Broadcom, Micron, and AMD. Analysts suggest the focus for investors has shifted from Nvidia's stellar performance to broader concerns, including growing competition in the artificial intelligence sector and whether the high levels of investment in the AI space are sustainable. This negative reaction highlights a cautious sentiment, where even positive news couldn't sustain the sector's upward momentum. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Semiconductor Manufacturing company Applied Materials (NASDAQ:AMAT) fell 4.9%. Is now the time to buy Applied Materials? Access our full analysis report here, Show less Read more
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