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Tech Down as Broadcom Slides — Tech Roundup
Shares of technology companies fell as chip makers tumbled due to Broadcom's failure to meet lofty Wall Street expectations for artificial-intelligence revenue.
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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…
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Broadcom's revenue misses estimates as AI chip race heats up, shares tumble
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…
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Broadcom's sales and AI chip forecast comes in below expectations, shares tumble
(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…
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zerohedge.com
Broadcom Crashes After AI Chip Revenue Forecast Misses
Broadcom forecast that AI semiconductor revenue will be $16 billion in Q3, missing analyst estimates of $17.2 billion.
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siliconangle.com
Broadcom revenue miss stuns Wall Street, and its stock sinks after-hours - SiliconANGLE
Broadcom revenue miss stuns Wall Street, and its stock sinks after-hours - SiliconANGLE
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straitstimes.com
Broadcom shares tumble after its AI chip forecast disappoints investors
Broadcom has been one of the biggest beneficiaries of the AI race. Read more at straitstimes.com. Read more at straitstimes.com.
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cryptobriefing.com
Broadcom's forecast disappoints as AI sales growth slows, stock drops 11%
Broadcom's Q2 AI revenue surged 143% to $10.8 billion, but Q3 guidance of $16 billion missed Wall Street's $17.2 billion estimate, sparking an 11-13% stock
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Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth
Broadcom posted record $22.19B revenue and 143% AI chip growth, but shares dropped 4% after hours as investors sold the news on sky-high expectations.
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swissinfo.ch
US Stocks Retreat as Broadcom Miss Tests AI Trade: Markets Wrap
(Bloomberg) -- US stocks fell after a disappointing outlook from Broadcom Inc. raised doubts that the blistering rally in technology shares had gone too far.
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Broadcom set to shed $300 billion in value as AI results fail to impress
June 4 : Broadcom shares slumped more than 14 per cent on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations around demand for its…
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Nasdaq Futures Tumble as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- Stocks fell after a disappointing outlook from Broadcom Inc. triggered doubts that the blistering rally in technology shares had gone too far.
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euronews.com
AI giant Broadcom sheds $300bn as outlook misses sky-high expectations
The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but its refusal to raise its long-term sales target sent shares tumbling more than…
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Nasdaq Futures Fall 1% as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- Stocks fell after a disappointing outlook from Broadcom Inc. triggered doubts that the blistering rally in technology shares had gone too far.
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qz.com
Broadcom Q2 2026 earnings: AI chip revenue doubles, stock sinks
AI semiconductor sales hit $10.8 billion in the quarter, up 143% year over year, but shares fell on an underwhelming AI chip forecast
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benzinga.com
Why Is Broadcom Stock Sinking Thursday? - Broadcom (NASDAQ:AVGO)
Broadcom's AI revenue surges 143% to $10.8B in Q2. The chipmaker projects AI revenue to exceed $100B by 2027.
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businessday.co.za
Broadcom tumbles as AI boom fails to meet lofty expectations
Investors punish Broadcom as strong AI growth falls short of hopes
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economictimes.indiatimes.com
Broadcom set to shed $300 billion in value as AI results fail to impress - The Economic Times
Broadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip companies too. Despite the setback, Broadcom's…
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US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%
The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest one-day wipeouts ever.
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Nasdaq 100 Declines as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- A selloff in high-flying chipmakers weighed on stocks, with Broadcom Inc.’s underwhelming outlook testing the artificial-intelligence trade that has powered the…
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Stock Rotation Hits Chipmakers as Broadcom Tumbles: Markets Wrap
(Bloomberg) -- Wall Street traders drove a rotation out of chipmakers into a broader category of companies after Broadcom Inc.’s underwhelming outlook tested the…