Language:
US Stock News and Commentaries
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.
~



AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
Broadcom (C) 10072 435 (-) 0.038 12.6 X
Broadcom (P) 10073 310 (-) 0.243 6.8 X
META (C) 11069 830 (-) 0.425 6.7 X
META (P) 10757 700 (-) 0.820 8.1 X

 

Information Provided byAAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)