Lates News

Broadcom (AVGO.O) disappointed investors with its revenue guidance for the second quarter, indicating that its progress in the field of artificial intelligence computing is slower than some people's expectations. The company's revenue for the second quarter (ending May 3) is estimated to be around $22 billion, analysts' average forecast was $20.5 billion, and some forecasts even exceeded $22 billion. The stock price remained almost unchanged in late trading, and the market did not have much reaction after the company's performance announcement. As of the close on Wednesday, Broadcom's stock price had dropped by 8.3% in 2026. This lukewarm response reflects the high barriers that AI companies face in 2026. Investors are increasingly concerned about the investment bubble in the field of artificial intelligence, even Nvidia's massive profit report last month caused a drop in stock prices.