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Broadcom beats third-quarter revenue estimates

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Broadcom beats third-quarter revenue estimates

Sep 6, 2024 4:34 AM

Sept 5 (Reuters) - Chipmaker Broadcom beat Wall

Street expectations for third-quarter revenue on Thursday,

driven by demand for its networking and custom chips used in

artificial intelligence applications.

The company reported third-quarter revenue of $13.07

billion, beating estimates of $12.97 billion, according to LSEG

data.

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