Broadcom’s strong forecast eases demand worries for AI chips, shares surge 16%
Broadcom forecast second-quarter revenue above Wall Street expectations on Thursday due to strong demand for its custom ...
Broadcom’s stock bounces back on strong earnings and guidance powered by AI chip demand
The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker ...
Broadcom forecasts strong second quarter on upbeat AI chip demand
Broadcom on Thursday forecast second-quarter revenue above Wall Street expectations on strong demand for its custom ...
Broadcom's stock pops as upbeat outlook soothes AI investors
But after Broadcom shares (AVGO) lost 6.3% in Thursday's regular session following a lack of meaningful upside from rival Marvell Technology Inc. (MRVL), they jumped about 14% in Thursday's ...
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Broadcom shares jump 14% in extended trade as AI growth fuels upbeat sales forecast
Broadcom’s stock rose more than 15% in extended trading. The shares had earlier closed at $179.45 in regular New York trading ...
Broadcom shares surge as solid forecast eases demand worries for AI chips
Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted ...