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Broadcom 3Q profit more than triples on custom chip demand

Broadcom’s third-quarter profit more than tripled and revenue nearly doubled. The company said demand for its custom semiconductors should continue growing for the next two years.

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By Elias SchisgallBroadcom more than tripled its profit and nearly doubled its revenue in the third quarter, as the company said demand for its custom semiconductors should continue growing for the next two years.The company has in recent years found a lucrative business designing purpose-built com…