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ETFs to Buy as Broadcom Trips 11% Despite Beating Q4 Earnings & Revenues
ZACKS· 2025-12-15 15:11
Key Takeaways AVGO shares dropped 11.4% post Q4 results, even after EPS and revenues topped. expectations.Broadcom flagged a 100-bps sequential AI gross margin decline for Q1 fiscal 2026.ETFs like SOXX and SMH offer diversified exposure with AVGO among top holdings. Broadcom Inc.’s (AVGO) shares fell 11.4% at the bourses during the last trading session, following the company’s fourth-quarter fiscal 2025 results. Surprisingly, in spite of beating analysts’ expectations on both counts, the chipmaker failed to ...
Broadcom reveals its mystery $10 billion customer is Anthropic
CNBC· 2025-12-12 00:08
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 revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips. At the time, Broadcom didn't say who it was, but on Thursday, CEO Hock Tan revealed that the mystery customer was AI lab Anthropic, which placed an order for the latest Google tensor processing units."We received a $10 billio ...