{"id":21321,"date":"2026-06-04T01:47:52","date_gmt":"2026-06-04T01:47:52","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/06\/04\/broadcom-stock-sinks-in-post-market-as-ai-chip-sales-forecast-dissapoints-yahoo-finance-uk\/"},"modified":"2026-06-04T01:47:52","modified_gmt":"2026-06-04T01:47:52","slug":"broadcom-stock-sinks-in-post-market-as-ai-chip-sales-forecast-dissapoints-yahoo-finance-uk","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/06\/04\/broadcom-stock-sinks-in-post-market-as-ai-chip-sales-forecast-dissapoints-yahoo-finance-uk\/","title":{"rendered":"Broadcom stock sinks in post-market as AI chip sales forecast dissapoints – Yahoo Finance UK"},"content":{"rendered":"

Something went wrong
What happened:<\/strong> Broadcom (AVGO<\/a>) stock declined 12% in after-hours trading on Wednesday despite posting record revenue and operating profit in its fiscal second quarter.
By the numbers: <\/strong>The chipmaker reported revenue of $22.19 billion, beating expectations of $22.13 billion. Earnings per share came in at $2.44, topping estimates of $2.39.
However, Broadcom's third quarter revenue outlook and AI chip sales forecast disappointed the Street. The company said it expects revenue for the current quarter to be $29.4 billion, compared with a consensus estimate of $28.61 billion.
Semiconductor revenue from artificial intelligence in the second quarter grew 143% year over year. However, AI chip sales for the third quarter were projected at $16 billion, below analysts' estimates of $17.2 billion.
What else you should know: <\/strong>Shares of the chipmaker have been on a tear over the past five sessions, hitting all-time highs and adding $300 billion in valuation as investors priced in solid results.
Some strategists warned ahead of the results that even with strong performance and guidance, profit-taking could occur.
Semiconductor stocks have led the broader market rally to all-time highs this year amid an AI data center boom and infrastructure build-out.
Broadcom is expected to benefit from hyperscaler artificial intelligence spending this year, which is estimated to reach $650 billion. The custom chipmaker's customers include Google (GOOG<\/a>, GOOGL<\/a>), Meta (META<\/a>), and AI developers Anthropic (ANTH.PVT<\/a>) and OpenAI (OPAI.PVT<\/a>).
Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at <\/em>@ines_ferre<\/em><\/a>.<\/em>
Click here for the latest technology news that will impact the stock market<\/strong><\/a>
Read the latest financial and business news from Yahoo Finance<\/strong><\/a>
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source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Something went wrongWhat happened: Broadcom (AVGO) stock declined 12% in after-hours trading on Wednesday despite posting record revenue and operating profit in its fiscal second quarter.By the numbers: The chipmaker reported revenue of $22.19 billion, beating expectations of $22.13 billion. Earnings per share came in at $2.44, topping estimates of $2.39.However, Broadcom's third quarter revenue outlook […]<\/p>\n","protected":false},"author":1,"featured_media":21322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-21321","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/21321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=21321"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/21321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/21322"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=21321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=21321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=21321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}