$AVGO just posted a massive AI growth number: $16.7B in semiconductor revenue, up 221% YoY.
Yet the stock sold off after hours as Q4 revenue guidance of roughly $34.8B came in slightly below consensus.
This is a good reminder that markets trade expectations, not just results.
Was AVGO's sell-off justified, or did Wall Street simply expect too much?
Yet the stock sold off after hours as Q4 revenue guidance of roughly $34.8B came in slightly below consensus.
This is a good reminder that markets trade expectations, not just results.
Was AVGO's sell-off justified, or did Wall Street simply expect too much?
