Broadcom Is Built For The Next Phase Of The AI Buildout
Core Insights - Broadcom (AVGO) achieved record revenue growth and an accelerating AI business in its last quarter, but the stock experienced a sell-off due to concerns over margins rather than weakening demand [1] Financial Performance - The company reported record revenue growth, indicating strong performance in its core business segments [1] - The AI business is accelerating, suggesting a positive outlook for future growth in this area [1] Market Reaction - Despite the strong financial results, the stock sold off, highlighting investor concerns regarding profit margins [1]