Finance 4h ago 1 min read
Broadcom $AVGO fell 15% on June 4 — its worst day since January 2025 — after Q3 AI chip guidance of $16B missed the $17.2B analyst estimate by $1.2B. Q2 FY2026 revenue of $22.19B and non-GAAP EPS of $2.44 both beat consensus, and full-year AI semiconductor guidance was left unchanged at 'in excess of $100B,' disappointing a market that had priced in a raise.