The computer chipmaker Broadcom Inc. posted better-than-expected financial results and offered a strong forecast for its fiscal second-quarter revenue, citing continued strong demand for its custom artificial intelligence chips.
The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker Marvell Technology Inc. only just delivered to expectations and fell sharply Thursday morning. Broadcom’s stock surged more than 12%…
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https://siliconangle.com/2025/03/06/broadcoms-stock-bounces-back-strong-earnings-revenue-guidance-powered-ai-chip-demand/
