Broadcom Stock Drops After Disappointing Forward Guidance Despite Strong Earnings

Despite delivering better-than-expected Q2 revenue of $22.19 billion, Broadcom's stock fell due to weaker-than-whispered AI guidance and slower growth in non-AI segments. The market reacted negatively as forward-looking projections failed to meet investor expectations.

By Jeff Kilburg · CNBC ·

Broadcom Stock Drops After Disappointing Forward Guidance Despite Strong Earnings

Tickers: $AVGO $NVDA

Topics: AI chips options trading semiconductors technology

Read the full article at CNBC

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