The Story
News Summary
- Broadcom shares dropped over 6% despite record revenue of $29.6 billion, as surging memory costs in custom AI accelerators triggered severe gross margin compression down to ~73%, highlighting rising hardware costs across AI infrastructure.
Explore AVGO price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
AVGO price history
348.77
-9.16% over the displayed period
Advisor Snapshot
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