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.

(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…

(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…