Broadcom Revenue Shortfall Drags Futures Lower as Chip Stocks Take Hit
S&P 500 and Nasdaq 100 futures turned lower on Thursday after Broadcom reported revenue below expectations and reiterated a long-range AI sales target, prompting a sharp premarket decline in the chipmaker's shares. The slip in Broadcom weighed on broader chip and tech sentiment as markets also factored in tepid progress in Iran-U.S. talks, looming …