New Delhi, June 4 -- Shares of Broadcom Inc crashed 15.3% on Thursday, 4 June, falling to around $406 apiece on the NYSE after the company's 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's biggest single-day decline since January 2025 and could wipe out more than $300 billion from the company's market value of about $2.268 trillion.

The sharp correction came after the stock enjoyed a strong bull run during the first five months of 2026, climbing 38% this year as of the previous close, including a 15% rally in the two weeks ahead of its earnings following strong resu...