Broadcom falls as margin pressures add to AI payoff jitters
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Broadcom falls as margin pressures add to AI payoff jitters
Dec 12 : Broadcom shares fell nearly 5 per cent before the market open on Friday after the chipmaker said its margins would fall due to a higher mix of AI revenue, adding to worries about the payout from AI. Investor optimism over the nascent technology has recently cooled amid bubble concerns, wip»»»
Broadcom shares slide after investors seek bigger AI payoff
NEW YORK - Chipmaker Broadcom, vying with Nvidia for AI computing revenue, suffered a stock slide after its sales outlook for the red-hot market failed to meet investors’ lofty expectations. The shares fell about 4 per cent after hours on Dec 11, reversing earlier gains, following unsettling commen»»»
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