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India Business · reuters.com · Friday, 5 June 2026

Broadcom shares tumble 15% as AI revenue outlook disappoints investors

Broadcom's fiscal Q2 2026 results beat earnings estimates but the company left its AI chip revenue forecast unchanged, prompting a 14‑15% share drop and wiping over $300 billion from its market value, the biggest one‑day loss since early 2025.

Read the source: reuters.com ↗In the 5 June issue →