{"id":1012056,"date":"2026-06-04T08:12:34","date_gmt":"2026-06-04T02:42:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012056"},"modified":"2026-06-04T08:22:23","modified_gmt":"2026-06-04T02:52:23","slug":"broadcoms-second-quarter-revenue-misses-estimates-as-competition-bites","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/04\/broadcoms-second-quarter-revenue-misses-estimates-as-competition-bites\/","title":{"rendered":"Broadcom&#8217;s second-quarter revenue misses estimates as competition bites"},"content":{"rendered":"<p>Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition in the custom semiconductor market hurt gains from its AI chips, sending its shares down more than 11% in extended trading. <\/p>\n<p>Second-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphics processing units remain the \u200cindustry standard \u2060for AI \u2060workloads.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition in the custom semiconductor market hurt gains from its AI chips, sending its shares down more than 11% in extended trading. Second-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphics processing units remain the \u200cindustry standard \u2060for AI \u2060workloads.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1012056","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012056"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012056\/revisions"}],"predecessor-version":[{"id":1012077,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012056\/revisions\/1012077"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}