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Broadcom's AI chip forecast falls short, shares tumble over 13% wiping out $250B in market value

Broadcom's AI chip revenue surged 143% YoY to $10.8B, but its Q3 forecast of $16B missed estimates, triggering a 13%+ stock drop and $250B in lost value.

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Broadcom's AI chip forecast falls short, shares tumble over 13% wiping out $250B in market value

Broadcom's AI chip revenue surged 143% YoY to $10.8B, but its Q3 forecast of $16B missed estimates, triggering a 13%+ stock drop and $250B in lost value.

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Timeline cronologica

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…
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…

Broadcom's AI chip forecast falls short, shares tumble over 13% wiping out $250B in market value

Confronto fonti

Broadcom's AI chip forecast falls short, shares tumble over 13% wiping out $250B in market value

Timeline cronologica

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

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

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