Tag: broadcom tumbles

  • Broadcom tumbles as revenue miss clouds AI boom bets

    Broadcom tumbles as revenue miss clouds AI boom bets

    June 4 : Broadcom shares sank about 12 per cent in premarket trading on Thursday, a day after the company missed quarterly revenue views and disappointed investors’ lofty expectations of stronger momentum from the AI boom.The chipmaker could lose more than $285 billion in market cap at the current price of $4

    Continue Reading