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HomeBusinessBroadcom forecasts quarterly sales below estimates amid rising custom AI chip competition

Broadcom forecasts quarterly sales below estimates amid rising custom AI chip competition

Sept 2: Broadcom forecast quarterly revenue below Wall Street estimates on Wednesday, signaling intense competition could hamper gains from its custom processors. Shares of the Palo Alto, California-based company fell over 3 per cent in extended trading. They have gained about 6 per cent this year, significa

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