Broadcom Shares Retreat Despite Raised AI Revenue Forecast

Broadcom in early March boosted its fiscal 2024 (Oct.) AI revenue outlook, but the stock is down 12% since then as investors were disappointed that the total revenue forecast wasn't lifted.

risingforbes

Mar 17, 2024 - 22:30

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Broadcom Shares Retreat Despite Raised AI Revenue Forecast

Broadcom in early March boosted its fiscal 2024 (Oct.) AI revenue outlook, but the stock is down 12% since then as investors were disappointed that the total revenue forecast wasn't lifted.

Broadcom Shares Retreat Despite Raised AI Revenue Forecast

Broadcom in early March boosted its fiscal 2024 (Oct.) AI revenue outlook, but the stock is down 12% since then as investors were disappointed that the total revenue forecast wasn't lifted.

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