Broadcom stock slips on disappointing software revenue
Tehnologie
Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report. The stock slid in extended trading. Here's how the chipmaker did versus LSEG consensus estimates: Revenue climbed 48% from $15 billion in the same quarter a year earlier, Broadcom said in a statement. Sales have climbed in recent quarters, driven by demand for custom AI chips, including Google's tensor processing unit. The company said revenue this quarter will be about $29.4 billion, versus $28.53
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