Broadcom shares fell 4.2 per cent in premarket trading on Friday as the semiconductor maker's quarterly revenue forecast fell short of investors' lofty expectations following bigger rival Nvidia's AI-powered blockbuster results.Broadcom was expected to be one of the biggest beneficiaries of the artificial
Broadcom shares fell 4.2 per cent in premarket trading on Friday as the semiconductor maker's quarterly revenue forecast fell short of investors' lofty expectations following bigger rival Nvidia's AI-powered blockbuster results.
"Off the back of Nvidia's blowout earnings update, anything less than stellar is being seen as disappointing," said Danni Hewson, head of financial analysis at AJ Bell.
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