Broadcom stock slips after strong AI-driven results miss on forecast
TL;DR Summary
Broadcom posted Q3 EPS of $3.32 on revenue of $29.6B (up 86% YoY), with AI semiconductor revenue jumping 221% YoY to $16.7B, but guided for the current quarter at $34.8B revenue, below the $35.05B consensus, prompting a roughly 4% after-hours slide as investors digest the softer outlook despite the strong AI-driven growth.
- Broadcom stock sinks as chipmaker results 'not enough to keep investors happy' Yahoo Finance
- Broadcom’s AI Success Story Gets Complicated WSJ
- Broadcom Needs Nvidia-Like Earnings to Stop $520 Billion Skid bloomberg.com
- Here’s How Much Traders See Broadcom Stock Moving After Earnings investopedia.com
- Broadcom Looks for a Reset with Third-Quarter Earnings Barron's
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