Broadcom Surprises with Strong Q3 Earnings and Impressive Q4 Guidance

Reported about 13 hours ago

Broadcom has reported its fiscal third quarter results, surpassing revenue and earnings expectations, with revenue at $15.95 billion and adjusted earnings of $1.69 per share. The company's strong fourth quarter revenue guidance, projecting approximately $17.4 billion, has garnered positive attention from Wall Street, indicating robust performance ahead, particularly in the AI semiconductor sector.

Source: YAHOO

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