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Stockreport

Broadcom's Momentum Continues, but Stock Slides. Is It Time to Buy the Stock? [Yahoo! Finance]

Broadcom Inc. (AVGO)  More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
That said, the company has a massive opportunity in front of it over the next few years. 10 stocks we like better than Broadcom › Broadcom (NASDAQ: AVGO) ended its fiscal year riding strong momentum from increasing artificial intelligence (AI) infrastructure demand. However, the stock slipped after CEO Hock Tan clumsily answered a question about customer-owned tooling, which is the risk that customers would take the bulk of the design work in-house and forgo using Broadcom. Let's take a closer look at Broadcom's recent results to see if this dip is a buying opportunity. Both Broadcom's networking and custom AI chip businesses performed well to close out its fiscal year. It saw its fiscal Q4 AI revenue soar 74% to $6.5 billion and projected that it would double in fiscal Q1 to $8.2 billion. Meanwhile, it noted a $73 billion AI backlog consisting of custom AI chips and networking components that it will fulfill over the next 18 months. The company also announced that it had a [Read more]
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Stockreport

Broadcom's Momentum Continues, but Stock Slides. Is It Time to Buy the Stock? [Yahoo! Finance]

Broadcom Inc.  (AVGO) 
More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
That said, the company has a massive opportunity in front of it over the next few years. 10 stocks we like better than Broadcom › Broadcom (NASDAQ: AVGO) ended its fiscal year riding strong momentum from increasing artificial intelligence (AI) infrastructure demand. However, the stock slipped after CEO Hock Tan clumsily answered a question about customer-owned tooling, which is the risk that customers would take the bulk of the design work in-house and forgo using Broadcom. Let's take a closer look at Broadcom's recent results to see if this dip is a buying opportunity. Both Broadcom's networking and custom AI chip businesses performed well to close out its fiscal year. It saw its fiscal Q4 AI revenue soar 74% to $6.5 billion and projected that it would double in fiscal Q1 to $8.2 billion. Meanwhile, it noted a $73 billion AI backlog consisting of custom AI chips and networking components that it will fulfill over the next 18 months. The company also announced that it had a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS