Broadcom AI Revenue Guidance Misses Expectations
Broadcom shares fell 12% in after-hours trading after its third-quarter AI revenue guidance of $16 billion fell short of Wall Street expectations. The semiconductor company had previously beaten its second-quarter estimates.
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Sources · 7 independent
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“Broadcom shares plunged 12% in after-hours trading despite beating Q2 estimates, as the semiconductor giant's Q3 AI revenue guidance of $16 billion missed Wall Street expectations of $17.2 billion”
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