Business outlook
The chip company Broadcom has disappointed the stock market with its business outlook.
The share price fell by over five percent at times in US after-hours trading.
Broadcom forecast revenues of around 14 billion dollars for the current financial quarter.
Intel is fighting against decline
Intel is facing one of its biggest challenges as it tries to keep pace with rivals such as Nvidia in the era of artificial intelligence (AI).
To get the company back on track, CEO Pat Gelsinger plans to propose drastic measures to management.
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