Broadcom reports 63% jump in AI revenue as results beat estimates
Broadcom reported fiscal third-quarter earnings that beat expectations and provided robust guidance for the current quarter. The stock was little changed in extended trading. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share: $1.69, adjusted, versus $1.65 expected $1.69, adjusted, versus $1.65 expected Revenue: $15.96 billion versus $15.83 billion expected Broadcom said it expects $17.4 billion in fourth-quarter revenue, higher than the $17.02 billion expected