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

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…

(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…