By Simply Wall St
Publication Date: 2026-06-15 00:15:00
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Why Broadcom’s record quarter was followed by a sharp stock pullback
Broadcom (AVGO) just posted record Q2 revenue of US$22,187 million and net income of US$9,310 million, yet the stock slid as investors reacted to next quarter’s guidance and shifting sentiment around AI chips.
See our latest analysis for Broadcom.
Despite recent volatility after Q2, Broadcom’s share price is still up 9.91% year to date. The 1 year total shareholder return of 54.87% and very large 5 year total shareholder return underline how strong the longer term trend has been, even with a 30 day share price return that is down 10.14% as some investors reassess AI chip expectations, react to margin guidance and rotate capital into high profile IPOs such as SpaceX.
If you are watching how AI infrastructure themes play out beyond Broadcom, this is a…
