We recently published a list of 10 actions took a shocking nose. In this article, we are going to take a look at Where Broadcom Inc. (Nasdaq: Avgo) stands against the other least efficient actions on Friday.
On Friday, Broadcom has lowered its stock courses for a second day, losing 5% to finish at $ 246.93 each while investors seemed to have already evaluated its impressive profit performance for the second quarter of the 2025.
In a press release, Broadcom Inc. (Nasdaq: Avgo) said that it had brought in $ 4.965 billion during the period, more than 134% than the $ 2.121 billion in the same period last year.
Revenues also increased by $ 15% to $ 15%, compared to 12.487 billion dollars.
A technician working under an enlarged microscope, developing a new integrated circuit.
“Broadcom achieved record turnover in the second quarter on the extension of the momentum in AI and VMware semiconductor solutions. [Second quarter] AI revenues increased by 46% in annual sliding to more than $ 4.4 billion, drawn by solid AI networking demand “, president and chief executive officer of Broadcom Inc. (NASDAQ: AVGO) HOCK TAN.
“We are expecting growth in revenues from semiconductors to accelerate $ 5.1 billion in the third quarter, offering ten consecutive growth quarters, while our hyperscal partners continue to invest,” he added.
Broadcom Inc. (Nasdaq: Avgo) also declared a cash dividend of $ 0.59 per share to shareholders in the June 20 file, payable on June 30.
Overall, Avgo rank 6th On our list of the least efficient actions on Friday. While we recognize the potential of AVGO as an investment, our conviction lies in the conviction that certain AI actions are more promising for the provision of higher yields and have a limited risk of decline. If you are looking for an extremely cheap stock of AI who is also a major beneficiary of Trump prices and in terms of, see our free report on the Best short -term AI stock.
Read then: 20 best AI actions to buy now And 30 best actions to buy now according to the billionaires.
Disclosure: None. This article is initially published at Initiate monkey.
