Sentiment: Positive
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Broadcom (AVGO) Stock Falls After Q4 Guidance Misses Despite 221% AI Chip Sales Surge
By Trader Edge at 2026-09-08 21:33
Sentiment: Positive
TLDR Broadcom Q3 revenue rose 86% to $29.59 billion, beating Wall Street estimates of $29.43 billion AI chip revenue surged 221% to $16.7 billion, with Q4 expected to hit $21.7 billion (236% growth) Broadcom raised its FY2027 AI chip outlook to $115 billion and doubled down on $230 billion for FY2028 Q4 revenue guidance of [...] The post Broadcom (AVGO) Stock Falls After Q4 Guidance Misses Despite 221% AI Chip Sales Surge appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central