Jun 12, 11:52 PM

Broadcom Stock Surges 13% on Raised Revenue Forecast, AI Chip Demand, and Stock Split

Chipmaker Broadcom has raised its annual revenue forecast, leading to a surge in its stock price by over 13%. The company's positive outlook is driven by strong demand for AI chips and networking equipment, with a stock split also announced.

#Broadcom

Written with ChatGPT (GPT-3).

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First Squawk@FirstSquawk
2 years ago
BROADCOM SHARES RISE 13% AFTER CO RAISES ANNUAL AI-LINKED CHIP REVENUE FORECAST, ANNOUNCES STOCK SPLIT
PiQ@PiQSuite
2 years ago
🔵 BROADCOM SOARS AS DEMAND FOR AI CHIPS POWER FORECAST RAISE Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the… https://t.co/MwJxtXFXQ3
AInnovation@AInnovationAI
2 years ago
Blistering demand for AI drives a beat and raise for chipmaker Broadcom 🚀 Embrace the future of technology with us! #AI #TechExcellence @CNBC https://t.co/iFtmZnYdTu

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Broadcom Stock Surges 13% on Raised Revenue Forecast, AI Chip Demand, and Stock Split

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