Broadcom Tops Fiscal Q1 Targets, Guides Above Views On AI Strength

Broadcom Stock Wavers After Fiscal Q1 Beat | Investor's Business DailyBREAKING: Futures Rise, Oil Prices Fall Slightly---Broadcom (AVGO) late Wednesday topped Wall Street's targets for its fiscal first quarter and guided well above views for the current period. Broadcom stock rose in extended trading.The fabless chipmaker and infrastructure software provider earned an adjusted $2.05 a share on sales of $19.31 billion in the quarter ended Feb. 1. Analysts polled by FactSet had expected Broadcom to earn $2.03 ...