$Broadcom(AVGO)$ It would be quite surprising if the Fed doesn’t step in to intervene with overnight selling, especially considering recent market conditions. However, if the premarket manages to stabilize and even recover, we could be in for a strong rally in semiconductors and AI-related stocks as the market opens. A recovery scenario might trigger a short squeeze, pushing names like $SOXX, $NVDA, $AMD, $MU, $MRVL, $AVGO, $LRCX, $TER, $QCOM, and $TSM higher as momentum builds. It’s definitely shaping up to be an exciting morning to watch these sectors closely!
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