Broadcom beats expectations as AI labs double down on custom chips

Custom chipmaker Broadcom Inc. beat expectations on earnings and revenue in its third-quarter financial report and hinted at the prospect of doing more business with leading artificial intelligence labs. However, its stock came under pressure in late trading after it issued a forecast for the current quarter that trailed Wall Street’s expectations. The chipmaker reported […] The post Broadcom beats expectations as AI labs double down on custom chips appeared first on SiliconANGLE .