BUZZ-Broadcom falls after Q2 revenue miss
Broadcom Limited
Broadcom Limited AVGO | 0.00 |
** Broadcom's AVGO.O shares fall 6.2% to $449.40 after the bell
** AVGO reports Q2 revenue of $22.19 billion, missing analysts' average estimate of $22.27 billion - data compiled by LSEG
** Broadcom forecasts Q3 revenue of about $29.4 billion, vs estimate of $28.54 billion
** "In Q3, we expect semiconductor revenue from AI to grow over 200% year-over-year to $16 billion" - CEO Hock Tan
** AVGO up 38.5% YTD
