MarketWatch
US · 1 hrs ago
✦ 78◉ Centre
Why Broadcom’s stock is falling so hard after earnings
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AI Analysis
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◉ Centre ✓ Fair headline
Broadcom's stock declined following earnings results in which the chip company did not raise its AI revenue guidance for the next year, disappointing market expectations for stronger forward guidance.
Why Broadcom’s stock is falling so hard after earnings
The chip company declined to increase its AI revenue outlook for next year “in a market environment clamoring for material beats and raises.”
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