Saturday, 6 June, 2026
The Blooper Before the Billion-Dollar Bloodbath
By TechShots Studio
Broadcom’s fiscal Q2 2026 earnings call opened with an awkward stumble when CEO Hock Tan accidentally read the wrong year's data. After a quick correction, he announced a record $22.2 billion in revenue, beating expectations. However, Tan's refusal to raise the full-year forecast triggered a sharp 15% premarket stock plunge. Despite the sudden volatility, Tan reassured investors of Broadcom's long-term sustainability and AI chip growth through 2028.
Read full story at TIMES OF INDIA