Broadcom (AVGO, Financial) reported a 8% gain in its Thursday after-hours trading as the company exceeded projected first?quarter financial results because of increased AI and semiconductor sector demand.
The company delivered adjusted earnings per share of $1.60, which rose 25% year-on-year to $14.92 billion in revenue. The combination of core product segments at Broadcom included Semiconductor solutions, which produced $8.21 billion and its infrastructure software segment produced…
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https://finance.yahoo.com/news/broadcom-stock-jumps-explosive-77-114347807.html
