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AI giant Broadcom sheds $300bn in market value as outlook misses sky-high expectations

AI giant Broadcom sheds $300bn in market value as outlook misses sky-high expectations

04.06.2026 12:52 | Euronews Business

The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but its refusal to raise its long-term sales target sent shares tumbling more than 12% in after-hours trading.

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