Últimas noticias sobre Broadcom (NASDAQ:AVGO) Bolsa

Broadcom

Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

Small,Semiconductor,On,A,Circuit,Board.,Extreme,Closeup,Of,A

Analyst Color

Long Ideas

Global

Analyst Ratings

Tech

AVGO

NVDA

EE.UU. impone nuevas restricciones a chips IA de Nvidia y AMD. Las compañías pierden miles de millones y el mercado chino se seca.

Nvidia y AMD golpeadas por nuevas restricciones de EE.UU.: chips de IA bajo presión por tensiones con China

trump-chart-shutter2

Equities

Large Cap

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

AAPL

AMZN

GOOGL

MELI

MRVL

MSFT

PLTR

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

TSLA

XLRE

Select Sector SPDR-Consumer Discretionary

Los índices de EE.UU. rebotan tras avances en acuerdos comerciales. Nasdaq 100 lidera con un +3,4 %. Semiconductores y tecnológicas brillan.

Wall Street repunta tras declaraciones de Trump: Nasdaq 100 y S&amp;P 500 suben con fuerza

TSMC. Photo by Sundry Photography on Shutterstock

News

Media

INTC

Una alianza estratégica bajo presión política y financiera podría cambiar el equilibrio global del mercado de semiconductores.

TSMC lidera alianza con Intel y podría atraer a Nvidia y AMD al proyecto

Broadcom Inc

Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) has outperformed the market over the past 15 years by 23.63% on an annualized basis producing an average annual return of 33.88%. Currently, Broadcom has a market capitalization of $804.93 billion. 
Buying $100 In AVGO: If an investor had bought $100 of AVGO stock 15 years ago, it would be worth $7,941.94 today based on a price of $171.19 for AVGO at the time of writing.
<h3>Broadcom's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744929913_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

When the <a href="https://www.benzinga.com/topic/volatility">market goes haywire</a>, it helps to have a compass. 
This week, Stephanie Link, Chief Investment Strategist at Hightower Advisors, is pointing investors toward five names she believes are poised for a rebound.
<h3 class="wp-block-heading">Nvidia: The King Looks Tempting Again</h3>
Link doesn't own Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) — yet. But for the first time, she's circling. The AI juggernaut is trading at just 20x forward earnings, below its historical trough of 23–25x, after numbers have been revised down.
"If you've got a long-term view, this is your moment," says Link, who acknowledges she's been riding with Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) instead. 
But with Nvidia off its highs and still the undisputed leader in AI chips, she says the dust will settle and investors will flock back to the winners.
<h3 class="wp-block-heading">Meta: 3.3 Billion Users Can't Be Wrong</h3>
Link just bought Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) for the first time in years. The stock is down 28%, yet Meta's still cranking out 20% revenue growth and 40% operating margins.
"That's too cheap to ignore," says Link, who's betting that Wall Street's short-term memory will soon rediscover the power of 3.3 billion monthly users and a cash-rich business model.
Read Also: <a href="https://www.benzinga.com/government/regulations/25/04/44862662/trump-pressures-fed-as-ecb-delivers-7th-straight-rate-cut">Trump Pressures Fed As ECB Delivers 7th Straight Rate Cut</a>
<h3 class="wp-block-heading">Intuitive Surgical: Market Leader With Tailwinds</h3>
Down 20% from its highs, Intuitive Surgical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is still cutting-edge. 
With a 30% market share in robotic surgeries and only 2.4 million of 200 million global procedures under its belt last year, Link sees years of growth ahead.
"It's not a stock for the impatient," she admits. "But it's the clear category leader with a long runway."
<h3 class="wp-block-heading">Boeing: China Needs Planes, Not Headlines</h3>
Link doesn't have time for turbulence in airline stocks. As for Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), that's a different story. Despite headlines and supply chain snafus, she thinks the worst may be over — and with China's aging fleet needing an upgrade, demand is a given.
"This isn't a demand problem. It's an execution problem — and now they've got a CEO who knows how to execute."
<h3 class="wp-block-heading">Bank of America: Time To Catch Up</h3>
Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) has lagged its peers by 10 percentage points this year. That's Link's cue. She liked the bank's recent quarter, especially fee growth, efficiency, and management's confidence in reiterating net interest income guidance.
"When the whole sector looked shaky, Bank of America helped calm the waters," she says and she's buying into that stability.
Link isn't chasing the rally. Whether it's tech titans with trimmed valuations or category leaders with long-term tailwinds, each of her picks has one thing in common: durability. 
In a market still finding its footing, she's betting that quality will win and that patient investors will be glad they followed the signal, not the noise.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44850745/5-tariff-resistant-international-stocks-with-dividends">5 Tariff-Resistant International Stocks With Dividends</a></li>
</ul>
Image: Shutterstock

ISRG

Nvidia, Meta And 3 More Stocks Are This Strategist's Top Buys: Here's Why

Live On CNBC, Bill Baruch Announces Bought More Broadcom

The <a href="https://www.benzinga.com/topic/artificial-intelligence">AI-fueled rally</a> in semiconductors just ran into a geopolitical buzzsaw. NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) disclosed this week that the U.S. government has imposed new license requirements for selling their AI-focused chips — Nvidia&#8217;s H20 and AMD's MI308 — to China, Hong Kong, Macau and several D:5 countries.
Nvidia responded with a $5.5 billion inventory charge, effectively bracing for a complete block in shipments. AMD booked an $800 million hit of its own. JPMorgan analyst Harlan Sur estimates that these curbs will shave off 8%-10% of both companies&#8217; earnings this year.
Read Also: <a href="https://www.benzinga.com/markets/25/04/44858727/jensen-huang-in-china-for-talks-as-us-tightens-nvidia-chip-restrictions-report">Jensen Huang In China For Talks As US Tightens Nvidia Chip Restrictions: Report</a>
<h1 class="wp-block-heading">The China Revenue Stream? Drying Up Fast</h1>
Nvidia's China data center business previously contributed a low-teens percentage to its overall data center revenue. With H20 shipments now in limbo, Sur expects that number to fall to "a de minimis level."
AMD, meanwhile, faces an estimated $1.5–$1.8 billion revenue impact on the back of the $800 million inventory charge. That's roughly 10% of its expected data center sales this year, noted Sur. The fallout isn't confined to the second quarter &#8211; the guidance hit spans all of 2025.
<h1 class="wp-block-heading">Winners, Losers — And The Silicon Side Effects</h1>
Sur believes there's still heavy AI demand in China — but now Chinese firms may accelerate a pivot to domestic alternatives like Huawei's Ascend chips or custom ASICs. In a surprising silver lining, custom AI ASIC projects remain unaffected by the new rules.
That's good news for players like Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), which continues to ramp up shipments for its third major custom AI customer. As it stands, merchant solutions like Nvidia and AMD's GPUs are feeling the heat, while bespoke chips enjoy relative regulatory immunity — for now.
With new AI diffusion rules starting mid-May and a looming Section 232 probe on imported chips, this may be just the opening chapter of a longer regulatory saga for U.S. semiconductor giants.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44861917/broadcom-marvell-synopsys-the-chips-that-might-not-crumble-in-the-coming-storm">Broadcom, Marvell, Synopsys: The Chips That Might Not Crumble In The Coming Storm</a></li>
</ul>
Photo: Shutterstock

Nvidia, AMD Take A $17 Billion Hit In The AI Arms Race, While Broadcom Remains Shielded, Says Analyst

The <a href="https://www.benzinga.com/topic/cybersecurity">cybersecurity sector</a> may be breathing a sigh of relief after a deal was reached to continue funding for the Common Vulnerabilities and Exposures database, commonly known as the CVE program.
What Happened: The 25-year-old CVE program is used to identify cybersecurity vulnerabilities and has been considered a vital part of <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/03/44501515/cybersecurity-stocks-to-outperform-its-the-one-line-item-that-no-company-in-the-world-is-cutting-josh-brown">the cybersecurity sector.</a>
News spread this week that funding for the CVE program expired on April 16 and a contract with the U.S. Department of Homeland Security had not been renewed. However, in a last-minute turnaround, the program was reinstated, according to a Forbes <a href="https://www.forbes.com/sites/kateoflahertyuk/2025/04/16/cve-program-funding-cut-what-it-means-and-what-to-do-next/">report</a>.
"The CVE Program is invaluable to cyber community and a priority of CISA. Last night, CISA executed the option period on the contract to ensure there will be no lapse in critical CVE services," a CISA (Cybersecurity and Infrastructure Security Agency) spokesperson told Forbes.
The report said the CISA's extension of funding will last 11 months.
A new body, which includes a subset of the CVE Board, will break off and maintain the CVE Program, according to the report. 
"The CVE Foundation has been formally established to ensure the long-term viability, stability, and independence of the Common Vulnerabilities and Exposures Program, a critical pillar of the global cybersecurity infrastructure for 25 years," the new CVE governing body said.
Read Also: <a href="https://www.benzinga.com/etfs/sector-etfs/25/03/44241995/cybersecurity-report-flags-7-major-threats-against-governments-corporations-stocks-and-etfs-to-watch">Cybersecurity Report Flags 7 Major Threats Against Governments, Corporations: Stocks And ETFs To Watch</a>
Why It's Important: Experts warned that the end of the CVE Program could lead to increased vulnerabilities in the cybersecurity sector.
"Without CVE, defenders are at a massive disadvantage against global cyber threats," CVE Board Member Kent Landfield said. "CVE, as a cornerstone of the global cybersecurity ecosystem, is too important to be vulnerable itself."
If the CVE had not been able to continue its funding, the list of logged vulnerabilities would have ended, and organizations could have been more vulnerable to attacks.
The funding extension eases worries temporarily but leaves questions about the future of the CVE, which comes as cybersecurity attacks have increased and remain a key concern for large companies.
Investors seeking exposure to the cybersecurity sector have several options, including individual stocks and ETFs. These are the largest ETFs covering the sector:
<ul>
<li>First Trust Nasdaq Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIBR#NASDAQ">CIBR</a>)</li>
<li>Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>)</li>
<li>Global X Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUG#NASDAQ">BUG</a>)</li>
<li>iShares Cybersecurity And Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHAK#NYSE">IHAK</a>)</li>
</ul>
In the ETFs, some of the top holdings include CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) and Okta Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>).
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44859945/whistleblower-alleges-doge-involved-in-major-cybersecurity-breach-at-us-labor-agency">Whistleblower Says DOGE May Have Caused Major Cybersecurity Breach At US Labor Agency</a></li>
</ul>
Photo: Shutterstock

Sector ETFs

CHKP

CIBR

CRWD

CSCO

HACK

IHAK

OKTA

Pillar Of America's Cyber Security Lost Funding Temporarily: What Investors Should Know About CVE Program, Funding Extension

The <a href="https://www.benzinga.com/topic/semiconductors">semiconductor sector</a> is bracing for a shakeup, and JPMorgan&#8217;s Harlan Sur isn't mincing words. "Expect in-line results but tariff/trade related dynamics to drive weaker 2Q/2H25 and negative earnings revision cycle." That's Wall Street-speak for buckle up &#8211; it's about to get bumpy.
<h2 class="wp-block-heading">Tariff Troubles: A 15-25% EPS Trim Ahead?</h2>
As first-quarter earnings begin to roll in, Sur says the Street should prepare for a "kick off negative earnings revision cycle," with forward EPS estimates potentially being slashed by 15-25% over the next few quarters. Investors hoping that semi stocks had already hit bottom after a ~25% tariff-driven slump may be in for another jolt &#8211; Sur sees another 10-15% downside from here.
But this isn't just about numbers. The broader concern is about confidence, or lack thereof. "Rapidly changing tariff headlines are negatively impacting consumer and business confidence," Sur notes, with turn business — which can make up 20-30% of guidance &#8211; now at risk due to reduced visibility. Add in China's latest tariff volley against U.S.-fabricated chips, and names like Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Qorvo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>), and Skyworks Solutions Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) suddenly look exposed.
Read Also: <a href="https://benzinga.com/trading-ideas/long-ideas/25/04/44818578/qorvo-stock-bounces-but-charts-still-bearish-starboards-jeffrey-smith-sees-a-comeback-play">Qorvo Stock Bounces, But Charts Still Bearish &#8211; Starboard&#8217;s Jeffrey Smith Sees A Comeback Play</a>
<h2 class="wp-block-heading">AI And Datacenter: The Only Bright Spots</h2>
That said, JPMorgan isn't throwing out the entire chip basket. Sur urges a "selective" approach, spotlighting Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Marvell Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and Analog Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) as top picks &#8211; all tied closely to AI and data infrastructure. These are the companies best positioned to ride the "strong demand in accelerated compute/AI," even if GPU giants like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) face potential downside from tightening China restrictions and "upcoming AI diffusion rules."
<h2 class="wp-block-heading">EDA, Semicap: Downturn-Proof Darlings</h2>
In the tools-of-the-trade corner, KLA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) and Synopsys Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) also earn JPM's stamp of approval. EDA players like Synopsys are seen as resilient. "R&amp;D budgets don't get cut in downturns," Sur says, a mantra every long-term investor in chip design software should pin to their monitors.
Meanwhile, the "flat-to-down" outlook for WFE (wafer fab equipment) in 2025 spells more caution for semicap names, though JPMorgan still favors Applied Materials Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), KLA Corp, and Lam Research Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) &#8211; all expected to outperform thanks to "rising capital intensity" and growing service revenue.
<h2 class="wp-block-heading">The Down-Cycle Playbook Moment Is Here</h2>
The macro backdrop remains fraught. JPM economists now peg the chance of a <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44645681/jpmorgan-raises-recession-risk-to-60-as-largest-us-tax-hike-in-60-years-hits-global-economy">U.S. recession at 60%</a>, as the tariff storm clouds hang heavy. Demand pull-forward in smartphones might make the first quarter look fine, but "incremental conservatism" is expected to dominate the second quarter and H2 guidance.
Bottom line? 
This is a "down-cycle playbook" moment. The sector's long-term structural story — AI, content tailwinds, and rising chip complexity — remains intact. But for now, it's all about threading the needle between "inevitable slowdown" and the pockets of AI-driven strength.
And as Sur says, "remain selective on stocks."
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44823070/us-recession-fears-are-intensifying-but-is-bitcoin-the-real-flight-to-safety-expert-weighs-in">US Recession Fears Are &#8216;Intensifying&#8217; — But Is Bitcoin The Real Flight To Safety? Expert Weighs In</a></li>
</ul>
Photo: Shutterstock

Previews

AMAT

KLAC

LRCX

QRVO

SNPS

SWKS

Broadcom, Marvell, Synopsys: The Chips That Might Not Crumble In The Coming Storm

Israel Englander&#8216;s Millennium Management purchased Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in value.
What Happened: The $75 billion hedge fund acquired positions in the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, which have both suffered substantial losses as of Wednesday.
The firm&#8217;s 768,911 units of the Bitcoin ETF dropped from $43.11 to $37.38 per unit, resulting in a value drop from $33.1 million to $28.7 million – a 13.25% loss of approximately $4.39 million.
The Ethereum investment fared worse, with 1,702,038 units falling from $25.74 to $14.96 per unit. This reduced the total value from $43.8 million to $25.5 million, marking a steep 41.86% decline amounting to roughly $18.34 million.
In total, Millennium's crypto ETF investments have lost an estimated $22.7 million.
See Also: <a href="https://www.benzinga.com/25/04/44857887/taiwan-semiconductor-q1-surges-41-in-sales-boosted-by-ai-chip-demand-expanded-margins">Taiwan Semiconductor CFO Anticipates Tariffs Impact But Has Not Seen Change In Customer Behavior Yet, Issues Strong Q2 Outlook</a>
Why It Matters: These losses come amid broader challenges for Millennium, which reportedly suffered approximately $900 million in losses this year due to market volatility impacting its index rebalancing strategy. Despite these setbacks, the firm was down l<a href="https://www.benzinga.com/markets/25/03/44209624/millennium-management-faces-900m-loss-amid-market-volatility-what-investors-should-know">ess than 1% through February</a>.
Millennium, founded by Englander in 1989 with just $35 million, employs <a href="https://www.benzinga.com/markets/equities/25/01/42807107/israel-englanders-millennium-management-dumps-nvidia-loads-up-on-broadcom-heres-what-the-70-billion-hedge-fund-sees">multiple investment strategies</a> including relative value, equity arbitrage, fixed income, and quantitative approaches.
Englander, who began his career as a floor broker and trader on the American Stock Exchange, has maintained 100% ownership of Millennium since its inception.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44857928/jeff-bezos-sells-seattle-mansion-for-record-63-million-after-move-to-floridas-billionaire-bunker">Jeff Bezos Sells Seattle Mansion For Record $63 Million After Moving To Florida&#8217;s &#8216;Billionaire Bunker&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>
Photo Courtesy: Paopano On Shutterstock.com

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

$BTC

$ETH

BABA

Millennium Management's Bitcoin And Ethereum ETFs Purchased In Q4 Suffer $22.7 Million Loss Amid Crypto Slump

The first-quarter <a target="_blank" href="https://www.benzinga.com/topic/semiconductors" rel="noreferrer noopener">semiconductor earnings parade</a> kicks off with ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) <a target="_blank" href="https://www.benzinga.com/25/04/44832382/nvidia-supplier-asml-beats-revenue-and-eps-estimates-euv-product-mix-performance-milestones-drive-q1-says-ceo" rel="noreferrer noopener">on Wednesday</a> and Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) on Thursday, followed by the U.S. semi and semicap peers in the following week.
For U.S. chip vendors, BofA Securities analysts Vivek Arya and Duksan Jang expect first-quarter results to beat as their original outlook was likely conservative and tariff-related pull-ins created a better demand environment.
However, the second-quarter outlook could be in line as companies could widen the guidance range.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/04/44841545/applied-materials-lam-research-kla-drop-amid-fresh-trade-war-fears-revenue-risk" rel="noreferrer noopener">Applied Materials, Lam Research, KLA Drop Amid Fresh Trade War Fears, Revenue Risk</a>
Regarding tariff impact, Arya and Jang expect U.S. chip companies to follow the example of early reporting companies Taiwan Semiconductor, ASML, Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), and Lam Research Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>).
The analysts generically express concern on second-half demand headwinds and quantified gross margin headwinds from inflationary supply chain movements (such as Nvidia Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) and Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)) and higher U.S. sourcing.
Overall, semi-industry overhangs could persist pending clarity on new sectoral tariff rates (next several weeks), China retaliation, U.S. reciprocal tariffs, and AI diffusion rules (May 15).
On the positive side, despite some downside to estimates, valuation has become more compelling for high-quality areas in cloud/AI (Nvidia, Broadcom Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgo#NASDAQ">AVGO</a>)), design software (Cadence Design Systems, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cdns#NASDAQ">CDNS</a>), Synopsys, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>)) and semicap (Lam Research, KLA Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/klac#NASDAQ">KLAC</a>)).
The analysts laid down two potential scenarios, which are modest tariff impact and dire tariff impact. Their modest scenario aligns with limited China and reciprocal tariffs, while the dire scenario implies the implementation of specific sectoral tariffs on semis/electronics (tariff rates not yet announced).
In a modest scenario, tariffs could drive roughly ~4% hit to calendar 2025 sales and ~6% hit to calendar 2026 versus current consensus, with EPS declines mostly ranging between 5%-25% (12%-13% average) inclusive of 150bps gross margin hit.
In a dire scenario, estimates could be further pushed down, with a 9% and 12% sales decline in calendar 2025 and 2026 and EPS declines mostly ranging between 15%-50% (25%-30% average) inclusive of a 500bps gross margin hit.
For revenue impact, the analysts noted companies with AI/cloud/industrial exposures to fare better in a potential tariff-induced demand downturn.
At the same time, those with consumer/auto are at greater risk. Nvidia, Lam Research, Cadence Design Systems, Synopsys, and Applied Materials, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) are among the companies with the least potential sales impact (at -1% to -6% sales impact), while Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>), ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) could fare worse (at -7% to -9% impact).
Importantly, even under the above distressed EPS scenario (dire tariffs), Nvidia, Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Synopsys, and Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) have a 30%+ potential upside to historical P/E or PEG multiple at current stock price.
In a modest tariff scenario, the EPS hits of 12%-13% (2-2.5 times sales) are well below the 30%-40% reductions the analysts have seen in prior market downturns. However, the primary concern is PE multiple compression due to enhanced market risks.
The SOX index is currently trading at ~18 times forward PE, below the broader SPX at ~20 times, though above the 12-14 times PE at prior semi-industry downturns. Notably, the SOX index has more than given up the ~20% PE premium it gained during AI-fueled stock gains in calendar 2023 and 2024.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44844097/amd-flags-800-million-risk-from-new-us-chip-export-rules-as-china-tariffs-add-pressure" target="_blank" rel="noreferrer noopener">AMD Flags $800 Million Risk From New US Chip Export Rules As China Tariffs Add Pressure</a></li>
</ul>
Photo via Shutterstock

ASML

CDNS

NXPI

These Semiconductor Stocks To Face Least Tariffs Impact Compared To Intel

In the preceding three months, 11 analysts have released ratings for Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), presenting a wide array of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">5</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $255.73, a high estimate of $300.00, and a low estimate of $210.00. Marking an increase of 1.15%, the current average surpasses the previous average price target of $252.82. 
<img src="https://www.benzinga.com/files/images/story/2025/1744826505_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of Broadcom by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Vivek Arya &#x7C;B of A Securities &#x7C;Lowers &#x7C;Buy &#x7C; $240.00&#x7C;$260.00 &#x7C; 
&#x7C;Christopher Danely &#x7C;Citigroup &#x7C;Lowers &#x7C;Buy &#x7C; $210.00&#x7C;$220.00 &#x7C; 
&#x7C;Joseph Moore &#x7C;Morgan Stanley &#x7C;Raises &#x7C;Overweight &#x7C; $260.00&#x7C;$246.00 &#x7C; 
&#x7C;William Stein &#x7C;Truist Securities &#x7C;Raises &#x7C;Buy &#x7C; $267.00&#x7C;$260.00 &#x7C; 
&#x7C;Matthew Prisco &#x7C;Cantor Fitzgerald &#x7C;Maintains &#x7C;Overweight &#x7C; $300.00&#x7C;$300.00 &#x7C; 
&#x7C;Vijay Rakesh &#x7C;Mizuho &#x7C;Lowers &#x7C;Outperform &#x7C; $250.00&#x7C;$260.00 &#x7C; 
&#x7C;John Vinh &#x7C;Keybanc &#x7C;Raises &#x7C;Overweight &#x7C; $275.00&#x7C;$260.00 &#x7C; 
&#x7C;Cody Acree &#x7C;Benchmark &#x7C;Maintains &#x7C;Buy &#x7C; $255.00&#x7C;$255.00 &#x7C; 
&#x7C;Hans Mosesmann &#x7C;Rosenblatt &#x7C;Maintains &#x7C;Buy &#x7C; $250.00&#x7C;$250.00 &#x7C; 
&#x7C;Joseph Moore &#x7C;Morgan Stanley &#x7C;Lowers &#x7C;Overweight &#x7C; $246.00&#x7C;$265.00 &#x7C; 
&#x7C;Tom O'Malley &#x7C;Barclays &#x7C;Raises &#x7C;Overweight &#x7C; $260.00&#x7C;$205.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Broadcom. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Broadcom compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Broadcom's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Broadcom's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/AVGO/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Broadcom analyst ratings.</a>
<h2>Unveiling the Story Behind Broadcom</h2>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
<h3>A Deep Dive into Broadcom's Financials</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Over the 3M period, Broadcom showcased positive performance, achieving a revenue growth rate of 24.71% as of 31 January, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 36.89%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Broadcom's ROE excels beyond industry benchmarks, reaching 8.01%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Broadcom's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 3.33%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Broadcom's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.95, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 11 Analysts Discuss Broadcom Stock

Shares of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) tumbled more than 6% on Wednesday morning trading in New York after fresh U.S. export curbs on AI chips to China rattled the market, yet some Wall Street analysts see the pullback as <a href="https://www.benzinga.com/topic/expert-ideas">a rare buying opportunity.</a>
In a note shared Wednesday, Bank of America analyst Vivek Arya said the latest H20 chip restrictions to China, while unwelcome, were largely anticipated and pose only a "manageable risk" to Nvidia's sales outlook.
The investment bank reiterated a bullish stance on Nvidia, maintaining a Buy rating and a $160 price target, which implies a 42.6% upside from Tuesday's $112.20 close.
Despite a looming $5.5 billion charge and tighter U.S. export rules, Arya believes the company's deep AI moat and new product cycle could more than offset short-term pain.
<h3 class="wp-block-heading">Why Is Nvidia Taking A $5.5 Billion Hit?</h3>
Nvidia disclosed after the close on Tuesday that it will record a $5.5 billion first-quarter charge related to inventory, purchase commitments and reserves following a new U.S. government requirement. 
The policy mandates a license to ship H20 and equivalent AI chips to China and arms-embargoed countries.
The H20 chip, a specialized version of Nvidia's powerful AI hardware tailored to bypass earlier export rules, had emerged as a critical part of its China sales strategy. Yet, with the Trump administration tightening loopholes, those sales are in jeopardy.
Arya said the charge likely reflects "a high probability of H20 restriction" and a "low probability of future licenses," suggesting Nvidia has priced in the worst-case scenario.
<h3 class="wp-block-heading">How Much Could Nvidia Lose?</h3>
Bank of America estimates the H20 ban could lead to a manageable 5%-8% drop in sales and a 6%-10% hit to pro-forma earnings per share in fiscal year 2026 (calendar 2025). 
That's based on assumptions that H20 sales make up about 6%-10% of Nvidia's China revenue, which itself accounts for roughly 14% of total company sales.
Nvidia hasn't disclosed exact figures for H20, but Arya's model projects around $12 billion in sales from the chip for fiscal 2026—well above the $8 billion consensus from data platform Visible Alpha.
While the revenue loss is significant, Arya flagged positive offsets, including accelerating U.S. AI chip demand and strong pricing for Nvidia's next-generation GB300 Blackwell Ultra chips, which are expected to launch in the second half of 2025.
<h3 class="wp-block-heading">Is The Stock Undervalued?</h3>
Despite mounting geopolitical risks, Nvidia shares have already begun to price in much of the damage. According to Arya, the stock now trades at around 20 times expected 2025 earnings, down from its historical trough of 23-25 times.
He said that implies investors are now forecasting earnings of about $4 per share, well below the consensus estimate of $4.50 to $5. Arya argues this disconnect offers a compelling entry point, especially as AI chip demand from firms like OpenAI, Google, and Amazon remains robust.
"The global demand for leading-edge AI and Nvidia's unmatched platform leadership can continue to offset regional headwinds," Arya said.
<h3 class="wp-block-heading">What About Other Chipmakers?</h3>
The new rules won't just hit Nvidia. Arya said the increased AI export restrictions are likely to weigh on other semiconductor stocks with AI exposure, including Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Coherent Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NASDAQ">COHR</a>) and Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>).
Washington may continue ratcheting up restrictions beyond China, and further controls could extend to semiconductor manufacturing equipment and design software, areas where the U.S. holds significant leverage.
Yet, despite the U.S.-China tech decoupling may be accelerating, Arya indicates the longer-term AI trend remains intact. 
"We believe AI remains the fastest growing secular growth opportunity in semis," he said, adding that recent volatility in Nvidia stock offers an &#8220;enhanced buying opportunity&#8221; rather than a reason to panic. 
Read now: 
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/25/04/44794083/7-chipmaker-stocks-set-to-gain-as-trump-delays-tariff-blow-on-key-china-tech-imports-bank-of-america">7 Chipmaker Stocks Set To Gain As Trump Delays Tariff Blow On Key China Tech Imports: Bank Of America</a></li>
</ul>
Image: Shutterstock

Asia

COHR

LITE

Nvidia H20 Chip Ban Could Lead To 'Manageable' Sales Drop, Bank Of America Says

Whales with a lot of money to spend have taken a noticeably bullish stance on Broadcom.
Looking at options history for Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) we detected 39 trades.
If we consider the specifics of each trade, it is accurate to state that 51% of the investors opened trades with bullish expectations and 41% with bearish.
From the overall spotted trades, 15 are puts, for a total amount of $772,492 and 24, calls, for a total amount of $1,756,950.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $205.0 for Broadcom over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Broadcom's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Broadcom's whale activity within a strike price range from $75.0 to $205.0 in the last 30 days. 
<h3>Broadcom Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744815705_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$31.6</td>
<td>$30.9</td>
<td>$30.9</td>
<td>$145.00</td>
<td>$309.0K</td>
<td>2.9K</td>
<td align="right">202</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.9</td>
<td>$5.3</td>
<td>$5.36</td>
<td>$200.00</td>
<td>$140.5K</td>
<td>12.0K</td>
<td align="right">261</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/25/25</td>
<td>$15.95</td>
<td>$15.65</td>
<td>$15.7</td>
<td>$160.00</td>
<td>$125.6K</td>
<td>984</td>
<td align="right">84</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/25/25</td>
<td>$6.25</td>
<td>$6.15</td>
<td>$6.25</td>
<td>$175.00</td>
<td>$125.0K</td>
<td>1.3K</td>
<td align="right">564</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$31.95</td>
<td>$31.8</td>
<td>$31.98</td>
<td>$185.00</td>
<td>$115.1K</td>
<td>1.6K</td>
<td align="right">122</td>
</tr>
</tbody>
</table>

<h3>About Broadcom</h3>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
Following our analysis of the options activities associated with Broadcom, we pivot to a closer look at the company's own performance.
<h3>Where Is Broadcom Standing Right Now?</h3>
<ul>
<li>With a volume of 6,459,023, the price of AVGO is down -2.43% at $174.59. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 56 days.</li>
</ul>
<h3>Expert Opinions on Broadcom</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $225.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Broadcom, targeting a price of $210. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Broadcom with a target price of $240. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Broadcom with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Options

Broadcom's Options: A Look at What the Big Money is Thinking

Chip stocks are sliding Wednesday after NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) announced that the U.S. government will start requiring a license to <a href="https://www.benzinga.com/news/global/25/04/44828742/nvidia-stock-is-tumbling-after-hours-heres-why">export chips to China</a>. 
What Happened: In a regulatory filing late Tuesday, Nvidia said the U.S. government contacted the company on April 9, informing the chipmaker that it will need a license to sell H20 chips to China.
The filing also states that a license will be required for any other circuits achieving the H20&#8217;s memory bandwidth, interconnect bandwidth, or a combination thereof.
Nvidia shares tumbled on the news, dragging down several other chip stocks with it. The VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) was down about 3.75% at the time of writing Wednesday morning, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Here&#8217;s a look at some of the semiconductor names moving lower on Wednesday:
<ul>
<li>Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</li>
</ul>
<ul>
<li>ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>)</li>
</ul>
<ul>
<li>Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)</li>
</ul>
<ul>
<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</li>
</ul>
<ul>
<li>QUALCOMM Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)</li>
</ul>
<ul>
<li>Applied Materials Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>)</li>
</ul>
<ul>
<li>Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</li>
</ul>
<ul>
<li>Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)</li>
</ul>
The license requirement will be in effect for the indefinite future in an effort to address risks associated with the potential for China to use the products for a supercomputer. 
As a result of the restrictions, Nvidia said it expects its first-quarter financial results to include up to $5.5 billion of charges associated with H20 products held in inventory. 
AMD also said in a filing Wednesday morning that the new export controls on chips could result in charges of up to approximately $800 million related to inventory and purchase commitments. 
ASML, the largest supplier of chipmaking equipment, reported <a href="https://www.benzinga.com/25/04/44833646/from-parts-to-profits-tariffs-have-a-4x-hit-on-asmls-bottom-line-says-cfo">first-quarter results</a> before the market open on Wednesday. The company warned that tariffs have increased uncertainty surrounding the company&#8217;s outlook, which may be adding to the weakness across the board. 
&#8220;Our conversations so far with customers support our expectation that 2025 and 2026 will be growth years. However, the recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while,&#8221; ASML CEO Christophe Fouquet said.
BofA Securities <a href="https://www.benzinga.com/analyst-stock-ratings">cut price targets</a> on several semiconductor names Wednesday morning due to potential impacts of tariffs. 
The new chip license requirement is the latest in an intensifying <a href="https://www.benzinga.com/markets/25/04/44806095/as-xi-jinping-urges-vietnam-to-stand-against-unilateral-bullying-trump-labels-the-meeting-a-plan-to-screw-the-united-states-of-america" target="_blank" rel="noreferrer noopener">trade war with China</a>. The Trump administration paused reciprocal tariffs for most countries last week, but ramped up tariffs on China. China responded with 125% retaliatory tariffs on American goods over the weekend.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44830391/us-stock-futures-nikkei-slip-amid-fresh-nvidia-headwinds-dollar-continues-to-lose-steam">US Stock Futures, Nikkei Slip Amid Fresh Nvidia Headwinds: Dollar Continues To Lose Steam</a></li>
</ul>
Photo: <a href="https://www.shutterstock.com/g/yakobchuk">AKOBCHUK V</a>/Shutterstock.

Movers

QCOM

Chip Stocks Are Facing Selling Pressure Wednesday: Here's Why

On Tuesday, Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) announced Incident Prediction, a security capability that extends&nbsp;Adaptive Protection, a feature of&nbsp;Symantec Endpoint Security Complete (SES-C), by leveraging AI to identify and disrupt living-off-the-land (LOTL) attacks and <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/g44812172/broadcom-introduces-industrys-first-incident-prediction-capability-to-stop-living-off-the-land-att" rel="noreferrer noopener">other cyber threats</a>.
Trained on a catalog of over 500,000 real-world attack chains built by the Symantec Threat Hunter Team, Incident Prediction predicts attackers&#8217; behaviors, prevents their next move in the attack chain even when using legitimate software, and then quickly returns the enterprise to its normal state. With Incident Prediction, SES-C delivers cyber resilience against motivated adversaries.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/25/01/42762874/broadcom-thrives-with-114-stock-surge-in-ai-boom-while-intel-faces-steep-decline" rel="noreferrer noopener">Broadcom Thrives with 114% Stock Surge in AI Boom, While Intel Faces Steep Decline</a>
Broadcom, the developer, manufacturer, and global semiconductor and infrastructure software product supplier, has lost 23% in value year-to-date, coinciding with U.S. President Donald Trump&#8217;s January inauguration.
The Nasdaq-100 lost over 10%, and the S&amp;P 500 is down over 8%.
For context, the Biden administration&#8217;s semiconductor sanctions on China and other countries were already taking a toll on semiconductor companies, in addition to concerns over the sustainability of the massive artificial intelligence investments.
Additionally, Trump <a target="_blank" href="https://www.benzinga.com/government/regulations/25/04/44786708/why-are-semiconductor-stocks-trading-higher-on-monday" rel="noreferrer noopener">shared plans to</a> impose tariffs on imported semiconductors. However, he promised flexibility with some companies in the sector. Trump stressed the country&#8217;s focus on domestic production of chips and semiconductors. He also announced a national security trade probe into the semiconductor sector.
JPMorgan analyst&nbsp;Harlan Sur noted <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44665047/broadcom-analog-devices-could-slide-10-analyst-warns-but-a-bottom-could-be-near" rel="noreferrer noopener">chip stocks have</a> already taken a 25–30% hit amid intensifying trade tensions. He highlighted the potential for a further ~10% downside (5-15%) over the next six months, which could mark the final flush before a rebound.
Sur picked Broadcom as a favorite, backed by strong fundamentals with exposure to AI, design software, and increasing chip complexity. However, he also warned that semiconductor stocks may not be done falling, but with earnings resets coming soon, the worst might be behind us.
After Broadcom&#8217;s first-quarter report, Cantor Fitzgerald analyst CJ Muse said Broadcom <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44197252/broadcom-well-positioned-as-analysts-predict-continued-ai-revenue-growth" rel="noreferrer noopener">announced four new</a> XPU customers, possibly Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), OpenAI, Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and a fourth that could be Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), or xAI.
Muse expects it to add to the company&#8217;s AI revenue outlook and should boost its Serviceable Addressable Market (SAM) of $60 billion-$90 billion into fiscal 2027.
Price Action:&nbsp;At last check Wednesday, AVGO stock was down 3.68% to $172.36 premarket.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44826592/netflix-wants-to-be-the-next-1-trillion-company-analyst-highlights-growth-path" target="_blank" rel="noreferrer noopener">Netflix Wants To Be The Next $1 Trillion Company, Analyst Highlights Growth Path</a></li>
</ul>
Photo by Ken Wolter via Shutterstock

ORCL

Broadcom Unveils AI-Powered Cybersecurity Tool To Disrupt Hackers And Boost Resilience

WIIM

Broadcom shares are trading lower after B of A Securities cut its price target from $260 to $240, and broader market weakness in the semiconductor industry weighs on the stock.

B of A Securities analyst Vivek Arya maintains Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) with a Buy and lowers the price target from $260 to $240.

Price Target

B of A Securities Maintains Buy on Broadcom, Lowers Price Target to $240

ALGM

AMKR

AOSL

CAMT

CRDO

ENTG

FORM

LSCC

MCHP

MKSI

MPWR

ONTO

RGTI

SITM

SMTC

Shares of chip stocks are trading lower after NVIDIA said it was recently informed by the US government that it will need a license to export chips to China. Additionally, warned that tariffs have increased uncertainty surrounding the company's outlook, which may be adding to the weakness across the board.

A $500 billion commitment by Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) to build artificial intelligence supercomputers exclusively in the U.S. is drawing attention from Washington to Wall Street <a href="https://www.benzinga.com/news/econ-s">as reshoring trends accelerate.</a>
In a Tuesday post on Truth Social, President Donald Trump announced the move and said Nvidia will receive expedited permits for its ambitious U.S.-based AI infrastructure investment, calling it a "very big and exciting news."
The announcement comes amid a broader push from the Trump administration to accelerate domestic technology manufacturing and reduce reliance on China. Trump also pledged to expedite all necessary permits for other companies investing in what he dubbed the "Golden Age of America."
Over the weekend, the administration confirmed exemptions to new tariffs of up to 145% on critical tech imports such as smartphones and semiconductors—moves aimed at shielding U.S. tech leaders from global trade friction.
<h3 class="wp-block-heading">Bank of America Sees Earnings Tailwinds From Reshoring</h3>
In a note shared Monday, Bank of America semiconductor analyst Vivek Arya said earnings expectations for U.S.-based companies benefiting from reshoring remain on solid footing. 
"We expect earnings estimates from companies exposed to reshoring beneficiaries to remain well positioned to largely deliver on earnings expectations," Arya said.
Nvidia, in particular, was highlighted as a top sector pick alongside Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), chip-design leaders Cadence Design Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) and Synopsys Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) as well as semiconductor capital equipment makers Lam Research Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) and KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>).
Bank of America holds a $200 price target on Nvidia, implying an 80% upside from its current $110 share price. The bank values the stock at 33 times expected calendar year 2026 earnings, excluding cash—within its historical 25x to 56x forward price-to-earnings range.
According to Arya, this valuation is justified given Nvidia's broader exposure to long-term secular trends, including artificial intelligence infrastructure, gaming cycle recovery and robust data center demand.
<h3 class="wp-block-heading">Market Reactions</h3>
NVIDIA shares edged up 0.2% in premarket trading Tuesday, following a 0.2% dip on Monday. The stock has surged 28% since last week's lows, which were triggered by renewed tariff fears.
Top premarket risers within the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) were KLA Corp., Onto Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NASDAQ">ONTO</a>) and ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) with gains of about 1%. 
Read now: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44807995/us-stock-futures-waver-after-two-day-rally-trumps-tariff-moves-could-end-a-3-year-rolling-recession-says-expert">US Stock Futures Waver After Two-Day Rally: Trump&#8217;s Tariff Moves Could End A 3-Year &#8216;Rolling Recession,&#8217; Says Expert</a></li>
</ul>
Photo: Shutterstock

Government

Regulations

Trump Hypes $500 Billion NVIDIA Investment In US AI Supercomputers: 'Golden Age Of America' Begins

President Donald Trump's announcement on Wednesday of a 90-day pause on tariffs against America's trading partners gave the market a short-lived relief. Experts believe market volatility is expected to continue as Trump <a href="https://www.usatoday.com/story/news/politics/2025/04/10/trump-tariffs-trade-war-stock-market-live-updates/83008953007/">raised</a> duties against China to 145% after Beijing responded with retaliatory tariffs. In this environment, investors are flocking to quality dividend stocks for downside protection.
Data from S&amp;P Global<a href="https://www.spglobal.com/spdji/en/documents/research/research-a-case-for-dividend-growth-strategies.pdf"> shows</a> from Dec. 31, 1999, to March 31, 2022, when the market was down, the S&amp;P High Yield Dividend Aristocrats outperformed the S&amp;P Composite 1500 by an average of 140 bps per month.
Don't Miss:
<ul>
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> this is your last chance to become an investor for $0.80 per share.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>
Last month, an investor from Germany <a href="https://www.reddit.com/r/dividends/comments/1jhijv4/felt_like_sharing_34m/">shared</a> his income report and portfolio details on r/Dividends, a Reddit community with more than 700,000 followers.&nbsp; The screenshots shared by the investor, 34, showed his monthly dividend income stood at €3,120 ($3,490). He said a part of his wealth came from inheritance.
"I make about 10k net with salary, business and capital gains," he said.
The investor also urged Redditors to save and keep costs in control.
"Be lucky &#8211; success in investment is mostly no function of work dedicated towards it. Save relentlessly. It might sound simple but putting aside 1,000 EUR per Month is 12k per year, putting aside 3, 000 EUR per month is a quite considerable 40k."
Trending: Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.55 per share now</a>.
Let's take a look at some of the key holdings in the portfolio.
Global X Nasdaq 100 Covered Call ETF
Global X Nasdaq 100 Covered Call ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QYLD#NASDAQ">QYLD</a>) is a notable ETF that earns money by selling covered call options on the Nasdaq-100 Index. The fund was started in 2013 and has since paid monthly income to investors. The fund yields about 13%. Some of the top holdings of the ETF are Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
Vanguard FTSE All-World High Dividend Yield UCITS ETF&nbsp;
The Vanguard FRESE All-World High Dividend Yield ETF focuses on companies that pay higher-than-average dividends, excluding REITs. JPMorgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) and AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) are among the fund's top holdings.
Vanguard FTSE All-World UCITS ETF&nbsp;
Vanguard FTSE All-World ETF tracks the FTSE All-World Index and gives investors exposure to large- and mid-cap companies in the developed and emerging markets.&nbsp;
Over 60% of the fund's portfolio is allocated to US stocks
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
Deutsche Telekom
German telecommunications giant Deutsche Telekom was a part of the portfolio of the investor making about $3,400 a month in dividends. The investor said the company was among the "superb" performers for him and accounted for a "considerable" part of his portfolio. Deutsche Telekom has a dividend yield of about 2.6%.&nbsp;
Allianz
Germany-based financial services and insurance company Allianz has a dividend yield of over 4%. The stock has gained about 21% so far this year.
Amazon&nbsp;
Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) was among the non-dividend-paying stocks in the portfolio. The e-commerce giant's shares have lost about 13% in value so far this year amid broader market uncertainty.&nbsp;
Nike
Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) has a dividend yield of 2.7%. The stock is getting clobbered this year, down 20% through April 10, amid Trump's tariffs on imports from Asian countries. A major chunk of the company's products are manufactured in Vietnam.&nbsp;
Read Next:
<ul>
<li>Have $200K saved?<a href="https://www.benzinga.com/money/have-200k-saved-heres-how-to-turn-it-into-lasting-wealth"> Here's how to turn it into lasting wealth</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>

Personal Finance

ABBV

QYLD

34-Year-Old Making $3,400 a Month in Dividends Shares His Top 7 Stocks — 'Be Lucky and Save Relentlessly'

<a href="https://www.benzinga.com/etfs">Semiconductor ETFs </a>are attracting investor attention this week as the industry finds itself at the focal point of global trade tensions. U.S. President Donald Trump is poised to announce new tariff levels on foreign semiconductors within days, a move that could remake supply chains and spook markets already nervous following recent trade volatility.
While the White House considers the shape of the <a href="https://www.benzinga.com/topic/semiconductors">future chip industry</a>, investors are focusing on ETFs with heavy exposure to chipmakers. Whether tariffs fuel more market volatility or offer a buying opportunity largely depends on how the policy plays out over the next few weeks.
Also Read: <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44724362/chip-stocks-surge-as-trump-pauses-tariffs-for-us-allies-targets-china-with-125-duties">Chip Stocks Surge As Trump Pauses Tariffs For US Allies, Targets China With 125% Duties</a>
3 Semiconductor ETFs To Watch Amid Tariff Headlines
iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>)
One of the sector&#8217;s most liquid and best-followed funds, SOXX provides exposure to U.S.-listed behemoths such as Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), and Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>). As it is based on global manufacturing and cross-border supply chains, SOXX may be vulnerable to import tariffs and higher component prices.
VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>)
SMH is distinguished by its international makeup, featuring giants such as Taiwan Semiconductor Manufacturing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and ASML Holding&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>). Taiwan&#8217;s tariff talks with the U.S. will be important here, particularly if the island achieves exemptions that may protect SMH&#8217;s non-U.S. holdings from policy jolts.
SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>)
An equally weighted ETF, XSD leans slightly more toward small and mid-cap chipmakers such as ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) and some large-cap ones like Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>). It may provide a hedge against large-cap concentration risk if giants like Nvidia or TSMC are subject to tariff pressure.
The Policy Backdrop: Tariffs, Taiwan And Tech
Trump&#8217;s planned action is part of a larger national security investigation into the electronics supply chain, unveiled over the weekend. Whereas smartphones and laptops had previously been spared recent retaliatory tariffs on China, officials now indicate that advanced technology products—such as semiconductors, personal electronics, and medicines—will soon bear standalone duties, as reported by Reuters.
On Sunday, Trump said that the White House wants to simplify the chip market from many other companies and aims to produce chips in the U.S., adding that some companies might be allowed flexibility in implementation. He said new tariff levels on foreign semiconductors will be announced this week.
Commerce Secretary Howard Lutnick confirmed that a &#8220;special focus-type of tariff&#8221; on fundamental tech imports will be introduced over the next two months. The standalone regime would operate in parallel to reciprocal tariffs, which, according to Reuters, rose to 125% on Chinese imports last week.
The uncertainty has unsettled markets. The S&amp;P 500 has fallen over 10% since Trump&#8217;s Jan. 20 inauguration, and the chip sector has experienced some of the deepest intraday plunges in months.
Simultaneously, Taiwan, which plays a vital role in the world chip community, has been positively negotiating with Washington to avoid getting engulfed in the tariff wave. President Lai Ching-te affirmed that the initial dialogue has been &#8220;smooth,&#8221; and Taipei is looking to turn the crisis into a silver lining as far as deep trade integration with Washington is concerned, as per another Reuters report. TSMC&#8217;s latest promise of further investing $100 billion in America complements such a strategy.
While the world holds its breath for what Trump will do next, investors in semiconductor ETFs are keeping a close watch. Whether the result produces tariff clarity or more turbulence, the industry is at the crossroads of geopolitics, policy and market performance.
Next Up: 
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/04/44795549/etfs-last-week-wall-street-whipsaws-dollar-under-siege-yet-these-5-funds-won">ETFs Last Week: Wall Street Whipsaws, Dollar Under Siege, Yet These 5 Funds Won</a></li>
</ul>
Photo: Shutterstock

Specialty ETFs

Chip Shock: 3 Hot Semiconductor ETFs To Watch As Trump's Tariff Bomb Ticks

President Donald Trump&#8217;s <a href="https://www.benzinga.com/topic/tariffs">rising trade tariffs</a> are rocking financial markets, testing the dollar&#8217;s supremacy and shaking Treasury yields. Although <a href="https://www.benzinga.com/25/04/44774499/wall-street-panic-extends-to-main-street-as-us-china-trade-war-escalates-bond-vigilantes-make-a-comeback-this-week-in-markets">Wall Street experienced a midweek rally</a>, investor mood turned sour soon after China hit back with steep counter-tariffs.
In the midst of mayhem, a few <a href="https://www.benzinga.com/etfs">niche ETFs stood out</a> as top performers last week:
Direxion Daily AVGO Bull 2X Shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVL#NASDAQ">AVL</a>), up 33.9%
This ETF provides 2x daily leverage to Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), which soared on favorable semiconductor tailwinds. The jump was on the heels of Broadcom&#8217;s solid AI infrastructure demand and upbeat investor sentiment around its hyperscaler and networking clientele exposure. 
Simplify Gold Strategy PLUS Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YGLD#NYSE">YGLD</a>), up 20.7%
This fund combines conventional gold exposure with income-generation tactics, utilizing derivatives to generate additional returns. When gold prices soared above $3,200 an ounce during dollar weakness and investor fear, the ETF profited from both the commodity price rise and the options-based premium pick-up. Its two-in-one mandate proved to be a winning asset in a week when both inflation fears and geopolitical concerns reemerged into the spotlight.
Defiance Daily Target 2X Long RGTI ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTX#NASDAQ">RGTX</a>), up 15.8%
This ETF provides 2x daily exposure to Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), a hardware developer of quantum computing. The ETF&#8217;s high gain is the result of increasing investor interest in AI-adjacent and quantum tech plays — particularly as defense, cybersecurity and enterprise computer companies with ambitions in quantum start to gain focus in a technology-heavy market.
Simplify Interest Rate Hedge ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFIX#NYSE">PFIX</a>), up 12.4%
When bond yields skyrocketed and long-term Treasuries fell out of favor, this ETF — a vehicle for hedging against increases in long-term interest rates — performed well. It takes mainly over-the-counter interest rate options and derivatives and makes money off of yield spikes. As the 10-year Treasury yield crossed above 4.5% and the 30-year topped 5%, this fund became a go-to tool for those wanting to cushion portfolios against shocks from interest rates.
Teucrium 2x Daily Corn ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXRN#NYSE">CXRN</a>), up 10.8%
Chicago corn futures surged last week, perhaps fueled by strong demand on speculation regarding tariff effects on farm trade. This leveraged fund that aims for 2x daily returns on corn prices captured the pop in soft commodities.
Treasuries, Dollar, Inflation And More
Trump&#8217;s brash trade tariffs shook not only Wall Street but also the <a href="https://www.benzinga.com/news/treasuries/25/04/44774759/from-boring-to-booming-how-treasury-etfs-are-beating-the-bear">U.S. Treasury market</a> last week. The <a href="https://www.benzinga.com/etfs/currency-etfs/25/04/44778378/greenback-on-the-brink-the-dollar-etfs-everyones-watching">dollar was also affected</a>, eroding faith in the decades-old story of &#8220;American exceptionalism.&#8221; The trade-weighted dollar has fallen to a level not seen since April 2022, 10% lower since Trump came to Office.
Even as it cooled inflation, bond markets responded negatively, with long-term Treasury yields rising — the 10-year yield crossed 4.5% and the 30-year touched 5% briefly — indicating a return of bond vigilantes. Gold jumped above $3,200 an ounce as investors turned to safe havens.
Markets experienced a short-lived rally after the White House suspended 90-day tariffs (apart from China), but hopes were dashed as the White House did not waver from its hardline approach and China responded with aggressive counter-tariffs. 
Consumer sentiment has been hurt, with the University of Michigan&#8217;s <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44764554/consumer-sentiment-crashes-to-3-year-lows-as-inflation-expectations-spike-to-1981-highs">sentiment gauge dropping to a new low</a> since 2022. Inflation outlook also spiked, with short-term projections reaching 6.7% — an all-time high since 1981 — to signal heightened unease on Main Street.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/04/44772011/gold-miners-go-parabolic-gdx-hits-2012-highs-newmont-soars-9">Gold Miners Go Parabolic: GDX Hits 2012 Highs, Newmont Soars 9%</a></li>
</ul>
Photo: bigjom jom via Shutterstock

Listed Funds Trust Teucrium 2x Daily Corn ETF

CXRN

PFIX

RGTX

Simplify Exchange Traded Funds Simplify Gold Strategy PLUS Income ETF

YGLD

ETFs Last Week: Wall Street Whipsaws, Dollar Under Siege, Yet These 5 Funds Won

Earnings

Dividends

Press Releases

Broadcom Inc. Announces First Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend

Marvell Technology's Forecast Raises AI Demand Concerns

Coeptis (NASDAQ: COEP) Accelerates Growth with Strategic Partnerships and Innovation

General

VMware Explore 2025, an Essential Cloud Event for IT Professionals, Returns to Las Vegas and Extends to New Regions

Broadcom Extends 200G/lane DSP PHY Leadership for Next-Generation AI Infrastructure

Broadcom Simplifies and Accelerates Private Cloud Lateral Security with VMware vDefend Innovations

Broadcom Teams with Audi to Deliver Next-Generation IT-Based Factory Automation Powered by VMware Cloud Software

Broadcom Advances Optical Connectivity for AI Infrastructure with Industry-Leading Solutions at OFC 2025

Broadcom Inc. Announces $10 Billion Share Repurchase Authorization

Broadcom Introduces Industry's First Incident Prediction Capability to Stop Living-Off-The-Land Attacks

BURU

COEP

Analog Devices

Astera Labs

Advanced Micro Devices, Inc. - Common Stock

Advanced Micro Devices

Arm Holdings plc - American Depositary Shares

ARM Holdings

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)

Comments

Broadcom

Noticias

Últimas noticias sobre Broadcom (NASDAQ:AVGO) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL