{"id":89280,"date":"2024-09-06T02:01:55","date_gmt":"2024-09-06T06:01:55","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89280"},"modified":"2024-09-06T02:04:23","modified_gmt":"2024-09-06T06:04:23","slug":"broadcom-says-it-will-sell-12-billion-in-ai-parts-and-custom-chips-this-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/broadcom-says-it-will-sell-12-billion-in-ai-parts-and-custom-chips-this-year.html","title":{"rendered":"Broadcom says it will sell $12 billion in AI parts and custom chips this year"},"content":{"rendered":"\n<p>(CNBC) <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/AVGO\/\">Broadcom<\/a>&nbsp;reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings. Broadcom shares fell 7% in extended trading after guidance was in-line with expectations. Here is how the chipmaking conglomerate did versus LSEG consensus estimates for the quarter that ended Aug. 4. Broadcom projects current-quarter revenue of $14 billion, versus $1.36 per share on $14.04 billion expected.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/05\/broadcom-avgo-earnings-report-q3-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Broadcom&nbsp;reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings. Broadcom shares fell 7% in extended trading after guidance was in-line with expectations. Here is how the chipmaking conglomerate did versus LSEG consensus estimates [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89280","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89280"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89280\/revisions"}],"predecessor-version":[{"id":89282,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89280\/revisions\/89282"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}