$AVGO Broadcom fell sharply after earnings last week despite beating estimates.
What the numbers showed:
AI revenue: accelerating. Hyperscaler custom chip demand: strong.
The business is healthy.
Why it sold off: stock had run 31% in a month going into results. No print
What the numbers showed:
AI revenue: accelerating. Hyperscaler custom chip demand: strong.
The business is healthy.
Why it sold off: stock had run 31% in a month going into results. No print
