Broadcom, a chipmaker, reported its slowest sales growth since 2020, attributing it to an industrywide slump. The company also offered a weak annual forecast, citing lower enterprise spending. Meanwhile, TSMC's sales slid back into contraction, indicating a prolonged slump in the global chip market. Additionally, Taiwan's exports recorded their highest increase in over a year but fell short of market expectations, signaling a tempered rebound in global demand for the trade-dependent economy. Broadcom's CEO, despite the sales growth slowdown, expects an AI windfall.
Broadcom CEO Expects AI Windfall Even as Sales Growth Slows https://t.co/xf9d2aX06A
Taiwan’s exports record their highest increase in more than a year but still fall short of market expectations, tempering enthusiasm for a quick rebound in global demand for the trade-dependent economy https://t.co/thOXt9xBBd
Taiwan’s exports record their highest increase in more than a year but still fall short of market expectations, tempering enthusiasm for a quick rebound in global demand for the trade-dependent economy https://t.co/E2jCZdaajy
Taiwan’s exports record their highest increase in more than a year but still fall short of market expectations, tempering enthusiasm for a quick rebound in global demand for the trade-dependent economy https://t.co/rIdiDmv4E5
TSMC’s sales slid back into contraction last month following October gains, showing there’s still a way to go before the global chip market stages a full recovery from a prolonged slump https://t.co/kgptUDrnhZ
TSMC’s sales slid back into contraction last month following October gains, showing there’s still a way to go before the global chip market stages a full recovery from a prolonged slump https://t.co/ODU3HsYK6o
Broadcom offers weak annual forecast, citing lower enterprise spending https://t.co/IMgUHNx8LI
Broadcom sees revenue below estimates on weak enterprise spending https://t.co/T7GSOcaGuR https://t.co/9rctMSTiOs
Broadcom posted its slowest sales growth since 2020 as the chipmaker tries to pull out of an industrywide slump https://t.co/LpV5iQRLQH
Broadcom posted its slowest sales growth since 2020 as the chipmaker tries to pull out of an industrywide slump https://t.co/H1M1vG2bM4