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DeepNewz, mobile.
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Broadcom, a chipmaker, exceeded analysts' expectations but saw a stock decline due to lower guidance. The company anticipates $10 billion in AI chip sales in 2024, with CEO Hock Tan highlighting a 4x YoY increase in AI revenue to $2.3 billion in Q1. Despite positive AI prospects, Broadcom faces challenges in other chip market segments, impacting recent results and stock performance.
The #DrillDownByte: one number that tells us a whole lot about Broadcom's earnings, in one-minute. https://t.co/HgXnkSf8kN $AVGO 🎙️ @DrillDownPod #DrillDownEarnings @FuturumGroup #DDE
Analysts update Costco stock price targets after earnings https://t.co/O3agTMlspY
Quick take: Docusign earnings report in a nutshell 🥜. https://t.co/HgXnkSf8kN $DOCU 🎙️ @DrillDownPod #DrillDownEarnings @FuturumGroup #DDE
