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Broadcom (AVGO.O) CEO expects that even if product-mix shifts reduce gross margins, the company can maintain its operating margins.

2026-09-03

Broadcom (AVGO.O) CEO expects that even if product-mix shifts reduce gross margins, the company can maintain its operating margins.

Other News
2026-09-02

After Russia imposed trade restrictions on Armenia, the EU on Wednesday announced temporary measures to support and promote trade with Armenia. The EU will temporarily suspend import tariffs on a broad range of Armenian products, including some agric

After Russia imposed trade restrictions on Armenia, the EU on Wednesday announced temporary measures to support and promote trade with Armenia. The EU will temporarily suspend import tariffs on a broad range of Armenian products, including some agricultural goods previously subject to tariff‑rate quotas; the measures will liberalize roughly 80% of Armenia’s exports to the EU. Armenia, historically close to Russia, is seeking to strengthen ties with Brussels and Washington.
2026-09-03

Broadcom (AVGO.O) forecast Q4 revenue of $34.8bn, below analysts' average $35.1bn and well under some expectations above $36bn, indicating AI-driven revenue may be ramping slower than investors expected. NVIDIA's strong guidance Last week had boosted

Broadcom (AVGO.O) forecast Q4 revenue of $34.8bn, below analysts' average $35.1bn and well under some expectations above $36bn, indicating AI-driven revenue may be ramping slower than investors expected. NVIDIA's strong guidance Last week had boosted market demand assumptions for AI chips. Broadcom is rolling out custom AI processors to challenge NVIDIA; the business has won some large customers but remains at an early stage. Competitors Marvell and MediaTek, both supported by NVIDIA, add competitive pressure. Broadcom shares fell about 6% in after-hours trading.
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