DeepSeek Fundraising Push Targets Proprietary AI Chips, Challenging NVDA's Demand Thesis

AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.

Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

Key takeaways The AI-driven equity rally is showing signs of fatigue after Broadcom’s disappointing guidance triggered a sharp selloff in semiconductor and cybersecurity stocks, prompting investors to rotate into more defensive and cyclical sectors. The Dow Jones Industrial Average surged to a record high as falling oil prices eased inflation concerns, while hopes for progress […] The post AI Rally Stalls on Broadcom Miss, While ‘Sell Indonesia’ Sweeps Markets appeared first on ActionForex.

It was another day where US president Trump said that a deal with Iran was "very close" and that was enough to turn the market mood around for the most part. It's not the first time that we have seen this sort of theatric from Trump and you can bet that it won't be the last. And just like the story of the boy who cried wolf, markets are falling it for hook, line, and sinker every time. However, will there come a day just like in the fabled tale that the boy gets ignored and the wolf really does come? Trump said yesterday that a deal was "very close" and that "I think things will happen over there" with regards to the Israel-Lebanon situation. This sort of optimism continues to rebuff market expectations and hopes for a deal. But even after two weeks, we're still yet to see anything to show for it. I'm not doubting that the US and Iran are mere steps away from agreeing to a deal. However, nothing can be agreed until everything is agreed. And that is the really tough part because the puzzle pieces just can't seem to fit. A reminder: All four of these pre-conditions need to be agreed to in order for the framework agreement to be settled. And only then can we actually start to get into nuclear discussions. But even now, Trump already wants Iran to offer up some baseline promises on nuclear/uranium and that is going to be an additional sticking point to the above. US stocks staged an epic comeback yesterday despite some heavy losses from semiconductors. Broadcom fell by over 12%, AMD down by nearly 8%, and AMD dropped by over 3%. While ugly, the losses could've been much worse considering they were all bleeding heavier at the open yesterday. And come end of day, the S&P 500 closed up 0.4% with the Nasdaq only marginally falling by 0.1%. That's a win in my books. Fast forward to today though, the mood music is not too bright once again. S&P 500 futures are down 0.5% with Nasdaq futures down 1.0%. It's going to be another tricky day especially with some key developments to

Die anhaltenden geopolitischen Spannungen haben die Anleger in Asien nervös. Die enttäuschenden Zahlen vom US-Chiphersteller Broadcom belasten die Börsen den zweiten Tag in Folge.

Korean stocks are pulling back from record highs as Broadcom Inc.’s outlook for AI-chip sales fell short of elevated expectations, pausing a blistering advance in semiconductor shares. Bloomberg's Anthony Stephens breaks down the situation. (Source: Bloomberg)

Asian technology shares fell, tracking losses in U.S. semiconductor stocks after disappointing earnings Broadcom sparked a rotation out of AI-linked names.

Broadcom CEO Hock Tan discusses the "leap of faith" the company took when starting its work with Anthropic on chips a year ago, describing it as a "great bet." (Source: Bloomberg)