Chip Stocks Split Between Sell-Off Victims and Long-Term Winners

The semiconductor sector has taken a hit in recent sessions, with Broadcom shares now down 28% from their peak, according to a new analysis from Seeking Alpha. The piece argues the bar for Broadcom to hit its price target has actually gotten lower as the stock has fallen, making the case that the sell-off has outrun the company's fundamentals. Not every chip name is being treated the same way. A separate report on Marvell Technology points to the company's long-term guidance as evidence the stock could become a multibagger — potentially tripling by 2030 — even as the broader group sells off. SanDisk, meanwhile, is drawing attention for what one analyst called an "earnings boom," though the same piece cautions that boom is only half the story, hinting at unresolved questions about durability. The split reaction shows investors are trying to separate companies with near-term AI memory and networking demand from those more exposed to cyclical pricing pressure. The disagreement over Broadcom's valuation in particular suggests the market has not settled on how much of the sell-off is rational repricing versus overreaction.