Broadcom’s shares plummeted by more than 10% Friday despite the chipmaker reporting quarterly revenue and earnings that surpassed Wall Street’s expectations, after CEO Hock Tan provided an outlook for ...

Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, slumped after its sales outlook for the red-hot market failed to meet investors’ lofty expectations. The shares fell ...

Broadcom turned in strong fiscal Q4 results and upbeat guidance. However, there is some worry that customers may eventually begin to take more design work in-house. That said, the company has a ...

Broadcom’s steepest three-day drop in over five years has the chip maker falling down the ranks of the largest U.S. companies. Shares of Broadcom AVGO lost 5.6% on Monday, capping a 17.7% three-day ...

Broadcom (AVGO) stock plunged 11.4% in a single session, rattling investors as concerns mounted over AI-related revenue pressure on gross margins and a more subdued growth outlook for its AI business.

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Broadcom experienced an 11% single-day drop, but unlike Oracle, this is not driven by fundamental concerns. AVGO's fundamentals remain robust, with strong cash flow conversion and manageable debt, ...

Nvidia is currently the dominant player in the AI infrastructure market, with its GPUs providing the muscle needed to run AI workloads. This dominance can be seen in its extraordinary growth over the ...

Broadcom delivered a robust Q4FY25, with revenue up 28% and GAAP EPS up 93% year-over-year. Google TPUs are no longer exclusive to it and are driving AVGO revenue growth. AVGO's AI trifecta—XPU ...

Dec 11 (Reuters) - Broadcom (AVGO.O), opens new tab projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and ...

Broadcom shares started the week with more declines, following last week's selloff. Shares in the chipmaker dropped 5.6% Monday, following the sharp fall Friday in response to the company's earnings ...

Q4 revenue reached $18.02B and Q1 guidance of $19.1B beat estimates despite shares falling 4.4% on margin concerns. CFO guided Q1 gross margins down 100 basis points due to higher AI revenue mix and ...