Broadcom shares fall as margin warning sparks AI payoff worries | REUTERS

From Reuters.

Broadcom shares fell more than 11% after the chipmaker warned growing sales of lower-margin custom AI processors were squeezing profitability, sparking worries that the business may be less lucrative.

#broadcom #artificialintelligence #ai #stocks #business,#News #Reuters #Newsfeed

Read the story here: https://reut.rs/48Lpbic
👉 Subscribe: http://smarturl.it/reuterssubscribe

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en