[Broadcom's miss on custom AI chip demand](https://www.cnbc.com/2026/06/04/chipmaker-equities-micron-marvell-broadcom-intel.html) is the opposite of what bulls claimed would happen—that order flow would remain "durable." The overlooked risk is that custom silicon was always a near-term bump, not a structural shift. When hyperscalers finish their current AI infrastructure spend, they shift to optimization and efficiency, not more chips.

Research these companies