Broadcom Reports Strong Q2 Earnings with Record Revenue Growth
Broadcom Inc. (NASDAQ:AVGO) reported its sixth consecutive earnings beat with a 48% year-over-year revenue increase, driven by strong performance in the AI Semiconductor segment which grew 143%. The company raised guidance for Q3, projecting $29.4B in revenues and over 200% growth in the AI segment.
Tickers: $AVGO