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Broadcom forecasts quarterly revenue above estimates on strong AI chip demand

(Corrects to say adjusted profit beat estimates, not trailed, in paragraph 7)June 3 : Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear.However, shares of the Palo Alto, California-based company fel

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cryptobriefing.com1 mesi fa

Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth

Broadcom posted record $22.19B revenue and 143% AI chip growth, but shares dropped 4% after hours as investors sold the news on sky-high expectations.

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euronews.com

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mercoledì 3 giugno 2026·channelnewsasia.com
Broadcom's second-quarter revenue misses estimates as competition bites
June 3 : Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition in the custom semiconductor market hurt gains from its AI…
mercoledì 3 giugno 2026·channelnewsasia.com
Broadcom forecasts quarterly revenue above estimates on strong AI chip demand
(Corrects to say adjusted profit beat estimates, not trailed, in paragraph 7)June 3 : Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting…

Broadcom forecasts quarterly revenue above estimates on strong AI chip demand

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Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth

Timeline cronologica

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