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Broadcom set to shed $300 billion in value as AI results fail to impress

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 custom AI chips business.The premarket losses, if sustained, will erase more than $315 billion from the company's market value of ab

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Broadcom set to shed $300 billion in value as AI results fail to impress

Broadcom fell 14% after Q2 revenue miss and kept $100B AI forecast flat through 2027, signaling custom-chip demand is saturating. Nvidia alternatives remain expensive with tightening ROI; vendors must recalibrate infrastructure procurement and justify premium spend.

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mercoledì 3 giugno 2026·channelnewsasia.com
Broadcom's sales and AI chip forecast comes in below expecations, shares tumble
June 3 : Chipmaker Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday and its top executive left a previous 2027 sales forecast unchanged, sending…
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…

Broadcom set to shed $300 billion in value as AI results fail to impress

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Broadcom set to shed $300 billion in value as AI results fail to impress

Timeline cronologica

Broadcom's sales and AI chip forecast comes in below expecations, shares tumble

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

Broadcom set to shed $300 billion in value as AI results fail to impress - The Economic Times

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Broadcom set to shed $300 billion in value as AI results fail to impress - The Economic Times