{"id":1012367,"date":"2026-06-05T08:29:09","date_gmt":"2026-06-05T02:59:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012367"},"modified":"2026-06-05T09:00:08","modified_gmt":"2026-06-05T03:30:08","slug":"broadcom-set-to-shed-300-billion-in-value-as-ai-results-fail-to-impress","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/05\/broadcom-set-to-shed-300-billion-in-value-as-ai-results-fail-to-impress\/","title":{"rendered":"Broadcom set to shed $300 billion in value as AI results fail to impress"},"content":{"rendered":"<p>Broadcom shares slumped more than 14% on Thursday, dragging chip peers lower, after the company&#8217;s results fell short of lofty expectations around demand for its custom AI chips business. <\/p>\n<p>The premarket losses, if sustained, will erase more than $315 billion from the company&#8217;s market value of about $2.268 trillion, in one of the biggest one-day wipeouts ever. <\/p>\n<p>Its crucial role in helping design in-house processors of firms like Alphabet and Meta that serve as alternatives to Nvidia&#8217;s costly chips has made Broadcom one of the \u200cbiggest winners of \u2060the AI \u2060boom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Broadcom shares slumped more than 14% on Thursday, dragging chip peers lower, after the company&#8217;s results fell short of lofty expectations around demand for its custom AI chips business. The premarket losses, if sustained, will erase more than $315 billion from the company&#8217;s market value of about $2.268 trillion, in one of the biggest one-day wipeouts ever. Its crucial role in helping design in-house processors of firms like Alphabet and Meta that serve as alternatives to Nvidia&#8217;s costly chips has made Broadcom one of the \u200cbiggest winners of \u2060the AI \u2060boom.<\/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-1012367","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\/1012367","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=1012367"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012367\/revisions"}],"predecessor-version":[{"id":1012403,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012367\/revisions\/1012403"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}