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Broadcom jumps 4% after-hours on AI boom, OpenAI chip buzz
short by / on Friday, 5 September, 2025
Broadcom stock surged 4.5% in after-hours trading after Q3 revenue rose 22% YoY to $16 bn, topping estimates. AI revenue jumped 63% to $5.2 bn, or 57% of chip sales. CEO Hock Tan guided Q4 AI revenue to $6.2 bn, citing strong demand. Reports suggest OpenAI may be the mystery $10 bn chip client fueling growth. Broadcom shares are up 33% YTD.
read more at Stocktwits