Sept 2 (Reuters) – Broadcom forecast quarterly revenue below Wall Street estimates on Wednesday, signaling intense competition could hamper gains from its custom processors.
The company expects fourth-quarter revenue of about $34.8 billion, compared with analysts’ average estimate of $35.03 billion, according to data compiled by LSEG.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Joyjeet Das)
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