Chips are suddenly facing a blip.

• Several major AI chip stocks fell today after Broadcom's outlook signaled a potential slowdown in growth.

Why it matters: Broadcom serves as a bellwether for the broader AI infrastructure economy — so anything that complicates the growth narrative is problematic.

The big picture: Broadcom shares plunged 12.6% after the company maintained its 2027 fiscal year outlook of $100 billion in AI chip revenue, disappointing investors who were jonesing for an increase.

• Several other chipmakers were down as well, including Marvell Technology and Micron Technology.

Zoom in: Fears of a "limited upside" for the chip economy billowed after the Broadcom report, according to William Blair analyst Sebastien Naji.

• The company — whose ticker symbol is AVGO — is also "seeing increased competitive pressure at each customer program as customers try to diversify and move away from AVGO exclusivity," Bank of America analyst Vivek Arya wrote today in a research note.

The abrupt retreat in chip stock prices was natural after a recent runup, Keybanc Capital Markets analyst John Vinh told CNBC.

• "These stocks have all had very strong runs," Vinh said.

Yes, but: The selloff may have created a buying opportunity, Naji suggested.

• "We see an attractive risk/reward equation for the stock in light of accelerating revenue growth over the coming quarters and likely upside to expectations," Naji wrote.

More retailers and food manufacturers are voluntarily removing artificial dyes and other additives from products as shoppers pay closer attention to what's in their food, Axios' Kelly Tyko writes.

🥣 State of play: Changes once limited to a handful of brands are spreading across the grocery aisle.

• Target now requires all cereals sold in its stores to be made without certified synthetic colors, a category that includes many artificial food dyes.
• Sam's Club says all Member's Mark food and beverage products now meet its "Made Without" standards, after removing more than 40 ingredients and certified synthetic colors.
• Aldi recently announced plans to eliminate an additional 44 ingredients from its private-label food products by the end of 2027.
• Kraft Heinz, General Mills and other major food companies have pledged to remove artificial colors from products over the next several years.

Go deeper

💸 Blackstone capped withdrawals from a private credit fund after a spike in redemption requests, reversing a policy announced earlier this year. The company had downplayed the prospect of a private credit crisis. (CNBC)

🧠 Quantinuum shares closed up 0.6% in their trading debut, a day after raising $1.68 billion in an upsized IPO after pricing shares at $60 a piece, above an earlier range of $53 to $55. (WSJ)

Private equity firm Brand Velocity Group has acquired RCX Sports, a company that operates youth sports programs in connection with professional leagues including the NFL, NBA, MLB and NHL, Axios' Pete Gannon writes.

Why it matters: The deal comes at an interesting time, as youth sports expenses are surging for parents — and some in Washington are blaming private equity for the trend.

• A group of Democratic lawmakers recently introduced legislation that would ban most PE from the space and require firms to divest existing holdings.
• It would also require firms to reimburse parents for "junk fees," eliminate debts, and hold PE investors personally liable for infractions.

The intrigue: Former Giants quarterback Eli Manning (a two-time Super Bowl MVP) is a partner at BVG, and is headlining the deal along with other notable current and former pro athletes.

• He's a father of four and long-time youth sports advocate, and said the deal is about expanding access for more kids and families.

What we're watching: In an interview with CNBC he said the deal is about "keeping the prices low."