Broadcom’s drop looks way overdone to me.

The company didn’t report bad results. AI revenue is still growing at an incredible pace, management reaffirmed its long-term AI outlook, and demand from hyperscalers remains strong. The stock got crushed because investors wanted another guidance raise and didn’t get one. That’s an expectations problem, not a business problem. Interesting that Cathie Wood bought about $8.7 million worth of Broadcom after the selloff. Whether you like her or not, she clearly sees value in the pullback. Feels like the market treated this as if the AI story broke, when in reality Broadcom is still one of the biggest beneficiaries of AI infrastructure spending. What am I missing? https://www.thestreet.com/investing/stocks/cathie-wood-buys-8-7-million-stock-broadcom-avgo