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Posted inCompanies, Daily Analysis, Earnings Watch, Markets, Pre-Market Briefing, Sector -- Consumer, Sector -- Technology

Is Broadcom’s AI Guidance Gap a Warning Shot for the Whole Chip Sector?

Broadcom plunged 13.71% at Thursday’s open after CEO Hock Tan declined to raise the company’s AI semiconductor revenue forecast beyond its existing $100 billion-plus guidance for fiscal 2027, disappointing investors who had priced in an upgrade. The S&P 500 opened down 0.14% at r

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