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Live News EQUITY ARTICLE M impact

Broadcom edges higher; forecasts $21.7B AI-chip revenue

Broadcom projected $21.7 billion in fiscal fourth-quarter AI semiconductor revenue. Shares rose about 0.2% to $358.13.

AVGO

7 billion in fiscal fourth-quarter AI semiconductor revenue as hyperscaler spending continues to lift its chip business. 13. The valuation picture adds another angle.