Broadcom shares have dropped by more than 15% from their peak this year. This decrease is happening at the same time as other semiconductor companies like Nvidia and Arm are also facing challenges. The plummet is due to issues with the new VMware pricing.

Broadcom's stock price has entered a significant correction phase, dropping by over 15% from its peak this year, now at its lowest point since February. This fall is in harmony with other companies in the artificial intelligence and semiconductor industries facing a decrease in demand.

There are three main reasons for Broadcom's stock price correction. One reason is the overall decline in the AI and semiconductor industries. Additionally, actions by the Federal Reserve have caused concerns in the market. Lastly, internal changes within Broadcom may be affecting its relationship with VMware customers.

With these changes, analysts predict that Broadcom's stock price may continue to fall before potentially bouncing back in the long run.