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Broadcom Leaps 5%+ After Hours on Expectations of USD100B+ AI Chip Sales Next Yr
05 Mar 2026 09:39
Broadcom (AVGO.US) has reported that its earnings for 1FQ ending February 1 grew by nearly 34% YoY to USD7.35 billion, while the adjusted EPS came in at USD2.05, slightly above the expected USD2.03.

Hock Tan, Broadcom's CEO, estimated AI chip sales to exceed USD100 billion next year. Stimulated by the news, Broadcom's stock price rose by 5.27% to USD334.25 in after-hours trading.
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