New Delhi, Dec. 12 -- Chip Giant's Record $18B Quarter Fueled by 74% AI Surge Signals Unstoppable Momentum Amid Hyperscaler Frenzy.
Broadcom Inc., the semiconductor powerhouse riding the artificial intelligence wave, delivered a fiscal fourth-quarter performance that shattered Wall Street expectations Thursday night, propelled by blockbuster deals with the world's largest tech titans. Revenue soared 30% to a record $18.1 billion, eclipsing analyst forecasts of $17.9 billion, while adjusted earnings per share hit $1.59, topping estimates by 5 cents. Yet despite the triumph, shares tumbled 5% in after-hours trading as investors, hungry for even bolder AI acceleration, parsed the outlook for signs of the next growth supernova. Broadcom's Q4...
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