Broadcom Stock Drops in Pre-Market Trading Due to Disappointing AI Chip Forecast

Broadcom stock fell by 15% in pre-market trading after the company's forecast for third-quarter AI chip sales missed analyst expectations. Despite strong overall revenue and earnings, the lower-than-expected guidance for AI chips led to a sharp decline.

By Ines Ferré · Senior Business Reporter Updated Thu, June 4, 2026 at 3:15 PM GMT+3 2 min read · Yahoo Finance · June 4, 2026, 12:15 UTC

Broadcom Stock Drops in Pre-Market Trading Due to Disappointing AI Chip Forecast

Tickers: $AVGO $GOOG $GOOGL

Topics: AI chips revenue guidance semiconductors stock decline

Read the full article at Yahoo Finance

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