AMD stock dips 3.82% to $521.82 in premarket trading as Broadcom repeats rather than raises its AI revenue guidance, triggering short-term profit-taking.

(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 forecast that AI semiconductor revenue will be $16 billion in Q3, missing analyst estimates of $17.2 billion.

Broadcom has been one of the biggest beneficiaries of the AI race. Read more at straitstimes.com. Read more at straitstimes.com.

Broadcom's Q2 AI revenue surged 143% to $10.8 billion, but Q3 guidance of $16 billion missed Wall Street's $17.2 billion estimate, sparking an 11-13% stock

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.

June 4 : Broadcom shares slumped more than 14 per cent on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations around demand for its…

The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but its refusal to raise its long-term sales target sent shares tumbling more than…

AMD stock dips 3.82% to $521.82 in premarket trading as Broadcom repeats rather than raises its AI revenue guidance, triggering short-term profit-taking.

AI semiconductor sales hit $10.8 billion in the quarter, up 143% year over year, but shares fell on an underwhelming AI chip forecast

Micron stock dips in premarket trading as Broadcom's AI outlook sparks profit-taking across the semiconductor sector.

Broadcom's AI revenue surges 143% to $10.8B in Q2. The chipmaker projects AI revenue to exceed $100B by 2027.

Investors punish Broadcom as strong AI growth falls short of hopes

Broadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip companies too. Despite the setback, Broadcom's…

The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest one-day wipeouts ever.

(Bloomberg) -- A selloff in high-flying chipmakers weighed on stocks, with Broadcom Inc.’s underwhelming outlook testing the artificial-intelligence trade that has powered the…

Broadcom shares fell over 13% after fiscal Q2 revenue of $22.19B missed estimates despite 143% AI chip revenue growth. Guidance disappointed Wall Street.

Broadcom stock fell Thursday after the tech giant missed Wall Street's lofty estimates with its AI chip sales targets.