Broadcom reports Q3 revenue up 86% YoY
Broadcom reports Q3 revenue up 86% YoY to $29.59B, vs. $29.36B est., AI semiconductor revenue up 221% to $16.7B, and forecasts Q4 revenue below estimates
TL;DRBroadcom crushed Q3 earnings but warned Q4 will miss expectations, tanking stock.
Why it matters: AI chip demand is red-hot, but supply chain or customer hesitation signals potential slowdown ahead.
Letter: OpenAI told two House Democrats
TL;DROpenAI is building ways to automatically shut down AI systems.
Snowflake reports Q2 revenue up 35% YoY
TL;DRSnowflake beat earnings estimates and raised guidance, signaling strong AI data platform demand.
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