Nvidia next? Broadcom's value dropped by more than $440 billion as it posts disappointing forward outlook, prompting fears of AI bubble burst

Nvidia CEO Jensen Huang holding a laptop on stage at Computex 2026.

• Broadcom shares plummet after it reports earnings beat for Q2 2026
• The company's market cap shrank a mammoth 19% across two sessions after its earnings report was scrutinized by Wall Street, with its AI chip sales outlook being notably softer at $16 billion versus $17.2 billion for Q3
• The behavior may indicate a frothy AI market, where investors continue to obsess over future guidance and valuations versus current performance

Broadcom's Q2 2026 earnings report, by all means, reads like that of a company that is gearing up to benefit from a splurge in AI spending across the next decade.