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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 chips, sending its shares down more than 11 per cent in extended trading.Second-quarter revenue came in at $22.19 billion, missing estim

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AI · summaries

economictimes.indiatimes.com3 mesi fa

Broadcom's second-quarter revenue misses estimates as competition bites - The Economic Times

Second-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphics processing units remain the ‌industry standard ⁠for AI ⁠workloads.

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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…
mercoledì 3 giugno 2026·channelnewsasia.com
Broadcom's revenue misses estimates as AI chip race heats up, shares tumble
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…

Broadcom's second-quarter revenue misses estimates as competition bites

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Broadcom's second-quarter revenue misses estimates as competition bites - The Economic Times

Timeline cronologica

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