Broadcom Uncertain on Semiconductor Recovery
Semiconductor supplier Broadcom (NASDAQ: AVGO) reported its fiscal third-quarter results after the market closed on Sept. 12. Revenue was driven higher by acquisitions, but the semiconductor business remains in a slump that the company doesn't see ending soon. Broadcom maintained its full-year guidance, so it doesn't see demand getting any worse. But there's no telling when a meaningful recovery will take root.
Metric
Q3 2019
Source Fool.com
