Chip making giant Broadcom expects strong sales as demand for semiconductors continues to exceed supply. — AFP
Broadcom Inc., one of the world’s largest chipmakers, gave a bullish forecast for quarterly sales, boosted by demand for chips used in data centers and equipment needed to improve consumer home internet speeds.
Revenue in the fiscal third quarter will be about US$6.75bil (RM27.88bil), the San Jose, California-based company said Thursday in a statement. That compares with an average analyst estimate of US$6.59 (RM27.22bil), according to data compiled by Bloomberg.
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