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Broadcom earnings reinforce momentum in AI semiconductor demand
Broadcom’s earnings beat and strong guidance underline sustained AI chip demand, reinforcing positive sentiment across global semiconductor and technology services supply chains.
Broadcom reported adjusted earnings per share of $1.95 for the fourth quarter, exceeding market estimates of $1.87, while revenue reached $18.02 billion against expectations of $17.47 billion. Strong guidance for the upcoming quarter further lifted investor confidence. The performance was driven by sustained demand for AI-related semiconductor solutions.