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Broadcom beats on earnings and revenue

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Summary
Nutrition label

88% Informative

Broadcom shares are up 12% this year after more than doubling last year on investor optimism for the company's custom chips for artificial intelligence.

Revenue in the latest quarter rose 20% on an annual basis.

The chipmaker expects $5.1 billion in AI chip sales in the third quarter , CEO Hock Tan says.

VR Score

96

Informative language

98

Neutral language

80

Article tone

formal

Language

English

Language complexity

41

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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