AIThe Motley Fool2 days ago
Broadcom Falls Despite Strong AI Quarter
1 min read
Broadcom shares closed at $372.12, down 5.12%, as investors weighed record Q2 revenue of $22.19 billion and cautious AI guidance. AI semiconductor revenue surged 143% year over year to $10.8 billion. The broader market fell, with the S&P 500 down 1.61% and Nasdaq down 1.98%.
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