Broadcom Sees Strong Sales Growth Driven by AI

Reported about 22 hours ago

In its second fiscal quarter of 2025, Broadcom reported revenue growth of 20% year-over-year, surpassing expectations with $15 billion in earnings. CEO Hock Tan anticipates continued acceleration in AI-related revenue, as both semiconductor and software segments posted solid gains. Despite the positive results, Broadcom's stock dipped following the announcement, likely due to high investor expectations.

Source: YAHOO

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