--- title: "Asia open: AI Rally stalls on Broadcom miss, while ‘Sell Indonesia’ sweeps markets" type: "News" locale: "en" url: "https://longbridge.com/en/news/288808665.md" description: "Asian markets opened with mixed signals as the AI rally stalled following Broadcom's disappointing guidance, triggering a tech selloff. Conversely, the Dow surged to a record high on falling oil prices and Middle East ceasefire hopes. Meanwhile, Indonesian assets faced severe stress due to capital outflows and political concerns, raising contagion risks across Asian emerging markets." datetime: "2026-06-05T04:50:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288808665.md) - [en](https://longbridge.com/en/news/288808665.md) - [zh-HK](https://longbridge.com/zh-HK/news/288808665.md) generator: "portal-rs" --- # Asia open: AI Rally stalls on Broadcom miss, while ‘Sell Indonesia’ sweeps markets - The **AI-driven equity rally is showing signs of fatigue** after Broadcom’s disappointing guidance triggered a sharp selloff in semiconductor and cybersecurity stocks, prompting investors to rotate into more defensive and cyclical sectors. - The **Dow Jones Industrial Average surged to a record high** as falling oil prices eased inflation concerns, while hopes for progress in US-Iran negotiations supported industrial, financial, and value-oriented sectors. - **Indonesia has emerged as a major source of regional market stress**, with the rupiah and local equities suffering significant capital outflows amid concerns over government intervention policies, raising broader emerging-market contagion risks across Asia. - **Chart of the day**: **Nasdaq 100** minor uptrend from 19 May 2026 at risk of breaking down below 30,535 key short-term resistance. ### Related Stocks - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [AVGX.US](https://longbridge.com/en/quote/AVGX.US.md) - [AVL.US](https://longbridge.com/en/quote/AVL.US.md) - [AVS.US](https://longbridge.com/en/quote/AVS.US.md) - [AVGG.US](https://longbridge.com/en/quote/AVGG.US.md) - [EIDO.US](https://longbridge.com/en/quote/EIDO.US.md) - [AVGU.US](https://longbridge.com/en/quote/AVGU.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) ## Related News & Research - [These Analysts Increase Their Forecasts On Broadcom Following Upbeat Q3 Earnings](https://longbridge.com/en/news/297917869.md) - [Broadcom Unveils AI-Ready Data Foundations in VMware Tanzu Platform to Power Secure Enterprise AI Cloud | AVGO Stock News](https://longbridge.com/en/news/297523745.md) - [Broadcom options draw lines at $340 and $400 post-earnings](https://longbridge.com/en/news/297806782.md) - [Broadcom (AVGO) Q3 Earnings Could Trigger an 8% Price Swing, According to Options Traders](https://longbridge.com/en/news/297554183.md) - [Broadcom’s Next $100 Billion AI Business Is Taking Shape. Here’s What It Means for AVGO Stock](https://longbridge.com/en/news/297065803.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**