Broadcom’s 2028 outlook surprises Wall Street as shares slide

Broadcom extended the semiconductor sector’s visibility by providing guidance for 2028, following Nvidia’s stronger-than-expected 2027 outlook.
AVGO fell 3.7% in premarket trading despite the upbeat long-range guidance.
Broadcom’s earnings reaction contrasted with a broader market advance as Treasury yields eased and the Dow rose 0.9%.

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