Broadcom Brings new Hope to the AI Market! Revenue, Profit, and Forecasts Impress Across the Board!
Reading Time: 3 minutes
The semiconductor and software company Broadcom (AVGO) reported its financial results for the first quarter of 2025 after the market close on Thursday, March 6, 2025, and was able to impress across the board. The results in revenue and profit significantly exceeded analysts' estimates, and the forecasts for the upcoming quarter suggest that the capital expenditures of its customers in AI products will not plateau. The stock jumped nearly 13% in after-hours trading to $202.45. Revenue growth of 25% thanks to infrastructure software better than...
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