AVGY.TO is trading at CA$14.80, down 8.19%, as a technology and semiconductor selloff weighs on Broadcom-linked exposure amid concerns about returns on massive AI investments.
- Disappointing Intel results and outlook, alongside Amazonβs cautious forecast, added to sector pressure on October 30.
- Broadcom shares were down nearly 5% in morning trading; the ETFβs concentrated exposure can magnify the impact.
- The move appears sector-driven, not tied to a fund-specific announcement; volume data was not provided.