Broadcom Q4 AI Sales Jump 74% While Forecasts Raise Q1 Outlook; Shares Slip 5%
Broadcom’s Q4 saw AI semiconductor sales surge 74%, total revenue rise 28% and operating income climb 62%, with gross margin at 68%, while Q1 guidance forecasts 28% revenue growth to $19.1 billion and AI chip sales doubling. Shares fell 5% after reports China ordered firms to drop VMware software.
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