Broadcom beats on earnings and guidance as AI revenue doubles
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022.Ying Tang | Nurphoto | Getty ImagesBroadcom reported better-than-expected earnings and revenue and issued a strong forecast for the current period as the chipmaker continues to benefit from the artificial intelligence boom. Here's how the company performed in comparison with LSEG consensus:Earnings per share: $2.05 adjusted vs. $2.03 estimatedRevenue: $19.31 billion vs. $19.18 billion estimatedRevenue...
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