Broadcom stock fell despite upbeat Q2 results. Analysts say expectations were elevated. Raise PT on rising AI demand.

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…

(Corrects typo in headline)By Anhata Rooprai, Zaheer Kachwala and Stephen NellisJune 3 : Chipmaker Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday…

Investors punish Broadcom as strong AI growth falls short of hopes