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 : Chipmaker Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday and its top executive left a previous 2027 sales forecast unchanged, sending…

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…