International Companies

Broadcom tumbles on weaker‑than‑expected AI chip guidance

By Iain Gilbert

Date: Thursday 04 Jun 2026

(Sharecast News) - Chipmaker Broadcom tumbled in after‑hours trading on Wednesday after it delivered a mixed set of quarterly numbers and issued an AI sales outlook that fell short of market hopes.
Broadcom posted revenue of $22.19bn for the quarter, a touch ahead of the $22.13bn expected, while earnings per share...

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