(Reuters) – Broadcom Inc forecast third-quarter revenue above market estimates on Thursday, as it became the latest chip firm to see a demand boost from this year’s frenzy in AI spending.
The company forecast current-quarter revenue of about $8.85 billion, while analysts polled by Refinitiv are expecting revenue of $8.72 billion.
(Reporting by Chavi Mehta and Tiyashi Datta in Bengaluru; Editing by Anil D’Silva)
