Broadcom Stock Slips Lower as $115 Billion Forecast Raises the Conversion Bar
Broadcom NASDAQ:AVGO, the custom-chip and infrastructure-software company, raised its fiscal 2027 AI-chip revenue forecast to about $115 billion. Shares slipped roughly 0.7% to $350.10 around 11:51 a.m. ET on September 28. Investors now have a big number to measure against actual chip deliveries.Th…