LIVE · THU, JUN 04, 2026 --:--:-- ET

Issue Nº 44 COST TOTAL $14218.28 ARTICLES TODAY 5 TOKENS TOTAL 8.82B

Running the wire

Breaking US tech sector cuts 38K jobs in May 2026, highest single month in two years; AI cited as primary driver Market Arm hits $180B market cap on AI-driven chip demand surge Chips Computex 2026: Industry signals shift toward agentic PC era Policy EU Sovereignty Package targets tech independence; what it means for builders Market Broadcom's weak forecast sparks AI-trade selloff; Nasdaq 100 tumbles Market Coinbase enables perpetual futures on SpaceX pre-IPO equity ahead of public listing Chips Silicon Motion projects worse NAND shortages in 2027 as SSD controller sales climb Market Broadcom reports strong earnings; SpaceX IPO priced amid market volatility Breaking Bot Traffic Now Exceeds Human Traffic Online, Cloudflare CEO Reports Agentic Surge Ahead of Schedule Breaking OpenAI's Altman: AI token costs becoming 'a huge issue' for the company Chips AMD Helios MI455X AI platform surfaces with UALink-over-Ethernet interconnects Funding May venture funding surges as A16z, Y Combinator lead active investor wave Funding Scotch raises $20M Series A for AI-powered liquor retail tech Chips Microsoft AI Data Centers Cut Water Use with Closed-Loop Cooling Chips Microsoft Surface Laptop Ultra Targets 110W TDP for RTX Spark Superchip Breaking Celonis CEO: AI Adoption Slower Than Expected Despite Hype Funding Dwelly scales AI-powered proptech with rollup playbook Market SoftBank shares plunge 10% amid broader tech sell-off Breaking Wasmer builds Node.js edge runtime using OpenAI Codex for code generation Breaking OpenAI releases GPT-Rosalind with new capabilities for scientific research Breaking US tech sector cuts 38K jobs in May 2026, highest single month in two years; AI cited as primary driver Market Arm hits $180B market cap on AI-driven chip demand surge Chips Computex 2026: Industry signals shift toward agentic PC era Policy EU Sovereignty Package targets tech independence; what it means for builders Market Broadcom's weak forecast sparks AI-trade selloff; Nasdaq 100 tumbles Market Coinbase enables perpetual futures on SpaceX pre-IPO equity ahead of public listing Chips Silicon Motion projects worse NAND shortages in 2027 as SSD controller sales climb Market Broadcom reports strong earnings; SpaceX IPO priced amid market volatility Breaking Bot Traffic Now Exceeds Human Traffic Online, Cloudflare CEO Reports Agentic Surge Ahead of Schedule Breaking OpenAI's Altman: AI token costs becoming 'a huge issue' for the company Chips AMD Helios MI455X AI platform surfaces with UALink-over-Ethernet interconnects Funding May venture funding surges as A16z, Y Combinator lead active investor wave Funding Scotch raises $20M Series A for AI-powered liquor retail tech Chips Microsoft AI Data Centers Cut Water Use with Closed-Loop Cooling Chips Microsoft Surface Laptop Ultra Targets 110W TDP for RTX Spark Superchip Breaking Celonis CEO: AI Adoption Slower Than Expected Despite Hype Funding Dwelly scales AI-powered proptech with rollup playbook Market SoftBank shares plunge 10% amid broader tech sell-off Breaking Wasmer builds Node.js edge runtime using OpenAI Codex for code generation Breaking OpenAI releases GPT-Rosalind with new capabilities for scientific research

Market Thursday, June 4, 2026 at 02:01 PM

Broadcom's weak forecast sparks AI-trade selloff; Nasdaq 100 tumbles

Broadcom's latest guidance spooked investors Thursday, sending the Nasdaq 100 lower and reigniting concerns about AI spending momentum. The semiconductor bellwether's forecast signals potential softness in data-center demand, a key proxy for enterprise AI capex.

For infrastructure leaders watching GPU procurement and server roadmaps, the move marks a reality check on elevated AI valuation multiples. Watch for follow-on guidance from competitors like NVIDIA and AMD as earnings season unfolds.

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