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Broadcom Shares Slump After Disappointing AI Results

Broadcom's stock value plummeted by over $300 billion after its latest AI chip demand results failed to impress investors, causing a ripple effect among chip manufacturers.

5 Jun, 04:40 — 5 Jun, 04:40
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express-tribuneMostly Factual73d ago

Broadcom set to shed $300 billion in value as AI results fail to impress

Shares slump over 14% as weak AI chip demand wipes $315b value, chip peers fall

By Reuters

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