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$AVGO
Seems like this is the reason for the Broadcom reversal after hours…
- NonAI revenue was guided to be flat YoY at $4.1B, street didn’t like that
- They signed a big deal with OpenAI but said to expect “nothing in 2026,” once again creating fears about if OpenAI can live up to these commitments
However, the overall quarter was amazing with AI revenues +100% YoY but the stock also was up 80% YTD which meant anything that wasn’t perfect could simply knock them down.
Question is if the street steps in to buy this dip or if it follows Oracle’s path…
$AVGO -5%

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