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Broadcom Dips Post-Earnings as Soaring AI Revenue Signals Rebound Ahead

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Broadcom shares slipped post-earnings despite strong AI revenue of $16.7 billion, up 221% year-over-year, beating estimates.
  • With raised Q4 and fiscal 2026 AI guidance amid surging demand surpassing supply, analysts view the market dip as an overreaction, anticipating a swift stock rebound.
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