The chipmaker tumbled 8% as investors took in its stellar results for the last quarter, but were left disappointed by certain aspects of the company’s outlook.Broadcom investors seemed disappointed in how the company didn’t issue full AI revenue guidance for the coming year, Deutsche Bank and JPMorgan wrote on Friday. Broadcom said it expected AI semiconductor revenue to double to $8.2 billion in the following quarter.Investors have put more pressure on the semiconductor sector in recent months amid concerns about the sustainability of the AI trade, which has led to some firms getting punished despite beating on earnings and revenue. Is AI conversions too illusional ?
