AI bellwether Broadcom shares fall 5% a day after results

Core Insights - Broadcom shares experienced a decline of 4.7% in Frankfurt following the company's projection of first-quarter revenue exceeding Wall Street estimates, indicating strong demand [1] - The company highlighted that profit margins are expected to decrease due to a higher proportion of revenue coming from AI-related products, which typically have lower margins [1] Financial Performance - The projected first-quarter revenue is anticipated to be above Wall Street estimates, suggesting robust sales performance [1] - The shift towards AI revenue is expected to impact overall profit margins negatively, reflecting a strategic pivot in the company's product mix [1]