Broadcom's AI Shift: Stock Dips Despite Strong Demand
Update: 2025-12-12
Description
Broadcoms stocks plummeted by nearly five percent in Frankfurt trading, despite exceeding Wall Streets revenue expectations. The drop is attributed to a projected decrease in profit margins due to a higher proportion of AI-related sales. Despite a substantial backlog of $73 billion, investors are concerned about the potential impact of AI on profitability.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
