Broadcom Crushes Earnings with AI Gold Rush, But Wall Street Wants More
Broadcom Inc., the semiconductor powerhouse riding the artificial intelligence wave, delivered a fiscal fourth-quarter performance that shattered Wall Street expectations Thursday night, propelled by blockbuster deals with the world’s largest tech titans. Revenue soared 30% to a record $18.1 billion, eclipsing analyst forecasts of $17.9 billion, while adjusted earnings per share hit $1.59, topping estimates […]