Nasdaq Futures Slip as Broadcom Results Fail to Ease AI Fears, Fed Speak on Tap

December Nasdaq 100 E-Mini futures (NQZ25) are trending down -0.58% this morning as Broadcom’s results prompted further concerns about the AI trade. Broadcom (AVGO) slid over -5% in pre-market trading after the software and semiconductor giant’s sales outlook for the AI market fell short of investors’ lofty expectations. Chief Executive Officer Hock Tan said on a conference call that the company has a $73 billion backlog in AI product orders to be delivered over the next six quarters. However, this figure disappointed some investors. Investor focus now turns to remarks from Federal Reserve officials. In yesterday’s trading session, Wall Street’s…