Et1502
06-04 20:50
$Broadcom(AVGO)$  Quarter to Quarter results do not give a good guidance & indication of future earnings. It is always a short-sightedness view.

With AI and technological products advancing rapidly, the related chips companies such as AVGO, are in the frontline to reap a substantial profitabilty. Hence shares price trending north.

Broadcom Plunges on Soft AI Guidance: Will It Break $400?
Broadcom's Q2 results beat estimates with AI revenue more than doubling year-over-year, but forward AI revenue guidance disappointed, sending shares down 12.57% after hours. The stock had already surged to record highs, pricing in outsized expectations — leaving earnings as a catalyst for profit-taking rather than a rally. The long-term custom ASIC and VMware software thesis remains intact, but near-term valuation had run far ahead. Is this an overreaction worth buying, or a peak-valuation signal — and will AVGO break below $400?
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