Broadcom Inc. (AVGO) Stock: Soars on $10B Buyback and Record $19.3B Q1 Revenue Driven by AI Surge

Yasmin Werner / parameter - TLDR Broadcom Q1 revenue hits $19.3B, up 29% YoY Net income jumps 34% to $7.35B on strong demand AI revenue doubles to $8.4B, driving growth momentum $10B share buyback enhances shareholder returns Q2 revenue forecast $22B, powered by AI and software solu…

#ai #cloud #semiconductors #chips #stockmarket #earnings #business #datacenter #technology

AI boom hides software drag and investor unease.


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