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Broadcom stock slips as outlook tempers record revenue report
Broadcom posted record revenue on strong AI chip demand, but shares fell as investors questioned sales forecasts, contract visibility, and future margin sustainability.
US semiconductor major Broadcom reported record quarterly revenue driven by strong demand for AI related chips used in data centers. Despite the growth, the company’s shares declined in after hours trading as investors focused on management’s cautious outlook. Analysts flagged concerns around slower momentum in higher margin product segments, contract backlog visibility, and future margin expansion.