Semiconductor News & Analysis Feed

Broadcom Inc. saw its stock drop over 6% after issuing fourth-quarter revenue guidance that fell short of Wall Street expectations, despite a strong third-quarter performance driven by a tripling of AI semiconductor revenue. The company reported third-quarter revenue of $29.6 billion, up 86% year-ov

Broadcom Inc. saw its stock drop over 6% after missing Wall Street expectations for fourth-quarter revenue guidance, despite a strong third-quarter earnings beat driven by a 221% year-over-year surge in AI semiconductor revenue. The company reported Q3 revenue of $29.6 billion, up 86% YoY and exceed

Broadcom Inc. saw its stock drop over 6% after missing Wall Street's fourth-quarter revenue guidance, despite a strong third-quarter earnings beat driven by a 221% year-over-year surge in AI semiconductor revenue. The company reported Q3 revenue of $29.6 billion, up 86% YoY and ahead of estimates, w

In June 2026, the U.S. semiconductor industry faced a major setback as Broadcom's Q3 AI chip revenue guidance fell $1.2 billion short of expectations, triggering a sharp market reaction that wiped out over $1.3 trillion in U.S. chip stock value within two trading days. Although Broadcom reported rec

Broadcom's Q3 AI chip revenue guidance fell $1.2 billion short of expectations, triggering a more than 13% drop in after-hours trading. Despite strong Q2 performance, including a 143% YoY increase in AI semiconductor revenue to $10.8 billion, the company's Q3 guidance of $16 billion lagged behind co