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Broadcom beats on profit, says AI revenue more than tripled this year

CNBC
Summary
Nutrition label

87% Informative

Broadcom is seeing soaring demand from the boom in generative AI infrastructure.

The chipmaker's stock ticked higher in extended trading, rising over 9% .

For the year , the company said AI revenue jumped 220% to $12.2 billion .

Broadcom said it expects first-quarter revenue of about $14.6 billion .

VR Score

94

Informative language

96

Neutral language

84

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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