From Barchart: 2025-06-03 15:20:00

Broadcom Inc. reported a strong quarter with revenue increasing by 15% to $6.66 billion, beating analysts’ expectations. The company’s earnings per share also exceeded estimates, coming in at $6.96. The semiconductor giant’s stock rose by 2% in after-hours trading following the earnings release. Broadcom cited strong demand for its products in cloud data centers and wireless communication as key drivers for its performance. The company’s CEO expressed optimism about the future, highlighting the continued growth opportunities in the semiconductor industry. Investors are pleased with Broadcom’s solid financial results and positive outlook.



Read more at Barchart: Dear Broadcom Stock Fans, Mark Your Calendars for June 5