By Investor’s Business Daily
Publication Date: 2025-12-12 16:55:00
Skittish investors sold off Broadcom (AVGO) stock on Friday even though the fabless chipmaker and infrastructure software provider comfortably beat estimates with its fiscal fourth-quarter results and guidance. Broadcom late Thursday said it earned an adjusted $1.95 a share on sales of $18.02 billion in the quarter ended Nov. 2. On a year-over-year basis, Broadcom’s earnings increased 37% as sales…