Dec 12 (Reuters) - Broadcom ( AVGO ) forecast its
first-quarter revenue above Wall Street estimates on Thursday,
betting on booming demand for its custom artificial intelligence
chips and networking gear from cloud providers doubling down on
GenAI infrastructure adoption.
The company forecast revenue of about $14.6 billion for the
first quarter, compared with analysts' average estimate of
$14.57 billion according to data compiled by LSEG.