Broadcom is trading at $351.14, down -4.38%, after fiscal fourth-quarter revenue guidance of $34.8 billion came below the $35.05 billion analyst consensus.
- The decline follows September 2 earnings, despite Q3 revenue of $29.59 billion, AI-chip sales of $16.7 billion, and adjusted EPS of $3.32, all exceeding estimates.
- Broader markets are modestly positive, suggesting earnings guidance is the dominant catalyst.