The Story
News Summary
- Broadcom's AI semiconductor revenue surged to $16.7B in Q3, backed by robust demand for custom ASICs like Jalapeno that undercut standard GPU costs by half.
- Strong free cash flow margins and ambitious multi-year guidance reinforce an aggressive long-term growth thesis despite elevated Treasury yields.
Explore AVGO price history & advisor snapshot
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Stored market data
AVGO price history
361.99
-3.69% over the displayed period
Advisor Snapshot
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