Broadcom shares slip ahead of Wednesday earnings amid AI chip surge
Broadcom (AVGO) dipped about 0.4% to $368.93 Tuesday ahead of Wednesday results, with AI chip sales up 143% cited in the lead-in.
Broadcom NASDAQ:AVGO, the semiconductor and infrastructure-software powerhouse, dipped approximately 0.4% to $368.93 Tuesday ahead of Wednesday's results.
This is more than another earnings report.
It is a major stress test for the AI boomand the premium investors are willing to pay for it.Broadcom…