Broadcom’s stock cools off even as earnings show robust AI demand

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Broadcom’s stock cools off even as earnings show robust AI demand

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Earnings Results

AI revenue was up 46% in the latest quarter and could see accelerating growth in the current quarter

Last Updated: June 5, 2025 at 8:13 p.m. ET
First Published: June 5, 2025 at 5:32 p.m. ET

Broadcom Inc. edged past Wall Street’s expectations with its outlook for the current quarter on Thursday, but that wasn’t enough to lift its stock in the extended session.

The semiconductor and software company set its July-quarter guidance at $15.8 billion, coming in above expectations for $15.7 billion, according to analyst estimates compiled by FactSet.

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Britney Nguyen

Britney Nguyen is a tech reporter covering Nvidia, chips and AI. You can find her on X at @britneycath.

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