The deal with Apple should boost Broadcom's non-AI business.
While Broadcom Inc. (NASDAQ: AVGO) has experienced a roughly 4% year-to-date decline, mirroring a broader downturn in the NASDAQ index influenced by uncertain macroeconomic conditions like ongoing ...
Additionally, Broadcom stuck to its fiscal 2027 AI revenue forecast of $100 billion, and that didn't sit well with investors, who were expecting it to increase that number. However, a closer look at ...