$Broadcom(AVGO)$ The image is

$Broadcom(AVGO)$ The image is a post about Broadcom (AVGO) and its recent earnings, discussing whether it's still worth investing in despite slowing AI growth. It highlights the company's record revenue and includes a reward of 1000 Tiger Coins.

Broadcom Inc. is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions. The company's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets. Broadcom is the product of consolidation, with businesses that are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software. Broadcom's first quarter of fiscal year 2025 saw record revenue and adjusted EBITDA, driven by both AI semiconductor solutions and infrastructure software.

Record Revenue, Slowing AI: Still Worth Chasing AVGO After Earnings?

Broadcom's revenue for the second fiscal quarter hit a record high, with EPS continuing to grow by over 40%, beating expectations. AI revenue for the quarter rose by 46%, marking a noticeable slowdown from the previous quarter's 77% growth. Broadcom expects its AI chip revenue to increase for a tenth consecutive quarter in Q3, accelerating to $5.1 billion—but still 3.7% below some analysts' higher estimates. AVGO fell 4% in the overnight trading. The stock is still at highs as it set all time high yesterday. ---------- Is it worth chasing at a high level? Or wait for a fair price?

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