BroadcomAVGO shares dropped 6.2% in the past couple of trading sessions following the company’s second-quarter fiscal 2025 results on Thursday, last week. AVGO reported earnings of $1.58 per share that beat the Zacks Consensus Estimate by 0.64% while revenues of $15 billion surpassed the consensus mark by 0.37%. AVGO benefited from strong AI semiconductor revenues (up 46% year over year to $4.4 billion) and momentum in the VMware business.
However, third-quarter fiscal 2025 guidance…
