#NvidiaSharesFallOver6PercentSemiconductorSelloff Key Factors Behind the Decline Broadcom's Earnings Miss: Broadcom (AVGO) released revenue projections for AI chips that fell short of the market's sky-high expectations, triggering a domino effect on other tech giants. [1, 2] U.S. Employment Data (Non-Farm Payrolls): The U.S. jobs report came in significantly stronger than projections, renewing investor fears about the Federal Reserve keeping interest rates elevated for longer, impacting growth and tech assets. [1, 2] Profit Taking: Following a historic run-up driven by the AI rally, analysts suggest that the current movement reflects a strong technical correction and profit-taking. The Philadelphia Semiconductor Index (PHLX) recorded one of its worst daily declines since 2020, wiping out over $1.3 trillion in global market value from the sector. [1, 2] $BTC