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Broadcom AI Chip Outlook Disappoints Investors

visibility comment0 event June 4, 2026 timer 02:35

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Broadcom shares fell in extended trading after the company delivered a disappointing forecast for artificial intelligence chip revenue.

Chief Executive Officer Hock Tan said the company $56 billion in AI chips in the fiscal year that ends in October. The forecast that fell short of the average estimate of $57.6 billion. Bloomberg’s Neil Campling reports.

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