Explore the latest developments concerning Broadcom reports fourth.
Broadcom reports fourth quarter earnings after the bell
Here's how the company did, compared with estimates from analysts polled by LSEG:
Broadcom said it expected $19.1 billion in sales in the first quarter, versus $18.27 billion expected by analysts.
CEO Hock Tan said in a statement that Broadcom expects AI chip sales to double on a year-over-year basis to $8.2 billion, both from custom AI chips as well as semiconductors for AI networking.
WATCH: Broadcom-OpenAI deal expected to be cheaper than current GPU options
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