Broadcom Inc forecast fourth-quarter revenue above estimates on Thursday as the semiconductor company expects resilient demand from businesses going digital to help it weather a likely chip industry slowdown. Shares of the company rose 2.4 percent to $503 in extended trading after third-quarter results also sailed past expectations. “From our vantage point, infrastructure demand is […]
Posts Tagged ‘broadcom’
Broadcom Looks to Defy Chip Slowdown on Data Center, Wireless Strength
September 5th, 2022 Awake Goy