Broadcom’s stock falls on weak outlook, despite strong AI chip sales and VMware bookings – SiliconANGLE

Broadcom’s stock falls on weak outlook, despite strong AI chip sales and VMware bookings – SiliconANGLE

Shares of Broadcom Inc. traded lower following the closing bell today, after the chipmaker reported quarterly financial results that swung to a loss and offered guidance that fell short of expectations. The company may have hoped for a… Article Source https://siliconangle.com/2024/09/05/broadcoms-stock-falls-weak-outlook-despite-strong-ai-chip-sales-vmware-bookings/

Broadcom CEO Hock Tan: VMware Bookings ‘Continued To Accelerate,’ While AI Chip Sales Surge

Broadcom CEO Hock Tan: VMware Bookings ‘Continued To Accelerate,’ While AI Chip Sales Surge

‘The transformation of the business model of VMware continues to progress very well .. The success of this strategy was reflected in the performance in Q3. We booked more than 15 million CPU cores of VCF,’ Broadcom CEO Hock… Source link