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General

Broadcom sees higher Q4 after Q3 at the high end of expectations

Friday 4 September 2020 | 11:37 CET | News
Broadcom reported results at the higher end of guidance for its fiscal third quarter to 2 August, with CEO Hock Tan saying the numbers were driven by healthy demand from cloud and telecom customers, more than offsetting the expected reset at wireless. Looking towards the fourth quarter, the company expects a strong ramp in wireless, as well as a continuing surge in demand for networking from cloud and telecom customers, more than compensating for the expected softness at enterprise.

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Categories: General
Companies: Broadcom
Countries: World
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