$300 billion That's roughly how much market value Broadcom is slated to lose today after its results last night sent its shares sliding 13% premarket. The move underscores the high bar that companies tied to AI are now facing: The semiconductor and software maker logged strong quarterly revenue—fueled by demand for its AI chips—but left its 2027 outlook unchanged, sticking with guidance for AI semiconductor revenue of more than $100 billion.
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Stop us if you’ve heard this one before: The White House is close to a deal with Iran to open the Strait of Hormuz. Executives from Exxon Mobil and Chevron as well as a major oil-trading firm have warned recently that inventories of oil and refined products are going to get critical in the next several weeks. Globally, though, the oil market is like a leaky bucket that’s having some water poured in at the top.
Investing.com -- European semiconductor stocks fell on Thursday after Broadcom held its $100 billion artificial intelligence revenue forecast unchanged, disappointing investors and sending the U.S. chipmaker’s shares down more than 13% in premarket trading.
Broadcom shares sank about 12% in premarket trading on Thursday, a day after the company missed quarterly revenue views and disappointed investors' lofty expectations of stronger momentum from the AI boom. The chipmaker could lose more than $285 billion in market cap at the current price of $418.83, if losses hold. Broadcom vies with Nvidia, whose graphics processors remain the gold standard for AI workloads, underscoring intensifying competition at the top of the AI chip market.
Jefferies and Morningstar raised their price targets on AVGO following the company’s report.
Investors will monitor initial jobless claims and the Challenger job-cuts report before turning their attention to Friday's nonfarm payrolls release.
Broadcom Inc (AVGO) reports a 48% revenue increase, fueled by a 143% rise in AI semiconductor sales, despite margin pressures.
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Joining me on today's call are Hock E. Tan, President and CEO; Charlie Kawwas, president Semiconductor Solutions Group and Ram Velaga, President, Infrastructure Software Group. Also joining is Kirsten Spears, chief financial officer. Broadcom distributed a press release and financial tables after the market closed describing our financial performance for the second quarter fiscal year 26.
By Gregor Stuart Hunter SINGAPORE, June 4 (Reuters) - Asian stocks fell at the start of trading on Thursday as renewed fighting between the U.S. and Iran rattled stocks, even as conflicting signs of
Broadcom (NASDAQ:AVGO) reported record fiscal second-quarter 2026 revenue and issued a sharply higher outlook for the current quarter, as President and CEO Hock Tan said demand for the company’s artificial intelligence semiconductors remains “simply insatiable.” On the earnings call, Tan said total
US stock futures slipped as doubts about President Trump's ability to end the war with Iran rattled Wall Street.
US stock futures slipped as doubts about President Trump's ability to end the war with Iran rattled Wall Street.
This may be a time to reset expectations.
Broadcom Inc. (AVGO) delivered earnings and revenue surprises of +1.82% and +0.68%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Shares of Broadcom (AVGO) are sliding in Wednesday's extended hours in spite of the AI chipmaker beating fiscal second quarter earnings estimates and releasing third quarter guidance that outpaced Wall Street forecasts. CFRA Research senior vice president Angelo Zino reacts to Broadcom's latest earnings print and how much longer he expects the "downstream winners" of the AI infrastructure buildout to continue to gain from this phenomenon.
The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Chief Executive Hock Tan said.

Broadcom (AVGO) topped fiscal second quarter estimates for adjusted earnings ($2.44 per share vs. estimates of $2.39) and revenue ($22.19 billion vs. estimates of $22.13 billion). But that may not have been enough to impress Wall Street investors as the chip stock falls in Wednesday's extended hours trading. Market Domination Overtime's Josh Lipton takes a closer look at the fresh earnings print.
Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear. However, shares of the Palo Alto, California-based company fell more than 2% in extended trading. They had gained nearly 8% last week in the run up to earnings.
In every major technology cycle, there comes a moment when the numbers stop looking like projections and start looking like history being made in real time. Broadcom (AVGO) may be the king of the moment. HSBC raised its price target on Broadcom, maintaining its Buy rating, as the firm dramatically ...

Broadcom shares sank in pre-market following the chipmaker's quarterly results.

Broadcom shares sank in pre-market following the chipmaker's quarterly results.

Broadcom shares edged higher ahead of the company's earnings on Wednesday.
Broadcom Traders Brace for 9% Earnings Shock as $500 Looms
Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.
Analysts expect Broadcom’s revenue to grow at the highest pace in nine years, powered by custom chip deals with Meta and Google.
$1.75 trillion That is the valuation being considered by SpaceX in its blockbuster initial public offering planned for next week. That number could change a lot in coming days, but if it holds it would make Elon Musk’s rocket maker the seventh-largest U.