Broadcom Shares Slide on AI Market Sales Outlook
Broadcom Inc. slumped after its sales outlook for the AI market failed to meet investors' expectations and unsettling commentary from Chief Executive Officer Hock Tan on a conference call with analysts. Matt Bloxham on Bloomberg Intelligence has more.
More from Australia
Arika Resources begins 3,000-metre drilling at Pennyweight Point
Core Energy Minerals starts 2,650m uranium drilling in Namibia
COSOL signs $11M US transit contract
ASIC plans to loosen pre-IPO advertising rules
Auric Mining secures $17M capital placement
Talga Group battery anode reaches 8,000 test cycles