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Broadcom (AVGO) Falls Over 6% After Q4 Revenue Guidance Miss

The Wall Street Journal +2 ·

AVGO Broadcom Inc
$367.81 -0.51%
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  1. 1Broadcom (AVGO) shares fall more than 6% after Q4 revenue guidance came in below expectations
  2. 2The company guided Q4 revenue to roughly $34.8 billion, missing the market's estimate of $35.03 billion
  3. 3Q3 AI semiconductor revenue rose 221% year over year to $16.7 billion, but the weak guidance weighed on the stock

This 3-line summary is compiled from the report below.

The Wall Street Journal +2 View original ↗

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