Broadcom jumps as upbeat forecast quells AI chip demand worries
- Posted on March 7, 2025
- By Google News
- 2 Views
Broadcom jumps as upbeat forecast quells AI chip demand worries
Broadcom's shares soared 12% in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook.
