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Broadcom's record $29.6 billion quarterly revenue failed to impress Wall Street

The chipmaker's semiconductor solutions segment more than doubled year over year, driven by custom AI accelerator demand

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Broadcom $AVGO reported third-quarter revenue of $29.6 billion on Wednesday, an 86% increase from the same period a year earlier, as demand for its custom AI chips drove results to a record. The company guided fourth-quarter revenue to approximately $34.8 billion, a 93% increase from the prior year period.

Analysts had been looking for fourth-quarter revenue........

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