Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter

A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025.Broadcom reported fourth-quarter results that beat expectations for earnings and revenue, and issued a strong forecast for the current quarter, driven by artificial intelligence demand. The stock initially rose in extended trading before declining more than 2%. Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per shar ...