Broadcom Shares Slip as AI Hype Meets Reality
Investors wanted fireworks from Broadcom’s AI business, but a misunderstood CEO comment helped send the stock spinning. Broadcom’s AI Buzz Goes Quiet and Investors Hit the Sell Button Broadcom (AVGO) delivered earnings that, in another era, would have inspired applause. Revenue beat expectations, full-year figures impressed, and the company spent the call reminding the market…