Broadcom’s stock dipped after Marvell landed a major AI chip deal with Google, but the company’s own numbers are still stellar—Q2 revenue hit a record $22.19B, AI chip sales jumped 140%, and they’re on track for $100B+ in AI revenue by 2027. Yet investors, already riding a 40% rally, wanted more: a guidance bump to fuel the momentum. Without it, the market paused—but analysts see this as a short-term catalyst gap, not a signal of slowing AI demand, with most price targets still well above current levels.
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