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Broadcom shares fell over 5% following earnings and a short-term forecast that missed high investor expectations, despite the chipmaker projecting robust AI chip growth over the next two years.
Broadcom Inc. issued a fourth-quarter revenue forecast below Wall Street expectations. The disappointing guidance raises concerns among investors that the payoff from the AI boom is progressing more …
Broadcom shares slipped over 4% after Google expanded its custom AI chip partnership with Marvell Technology. Although existing Broadcom projects remain active and analysts keep bullish price targets…
OpenAI's AI chip partnership with Broadcom faces an $18 billion financing obstacle, potentially delaying production timelines and impacting Broadcom's revenue growth prospects.