Broadcom’s AI wobble wipes $300bn – Fudzilla.com
AI News Jun 4, 2026 by Nick Farrell Broadcom’s AI wobble wipes $300bn Broadcom lost more than $300bn in market value after its AI forecast failed to satisfy the cocaine nose jobs of Wall Street. …
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AI News Jun 4, 2026 by Nick Farrell Broadcom’s AI wobble wipes $300bn Broadcom lost more than $300bn in market value after its AI forecast failed to satisfy the cocaine nose jobs of Wall Street. …
… That is much cheaper than Broadcom’s VMware vSphere model. Since buying VMware, Broadcom has axed perpetual licences and bundled products into packages that made many customers reach for the smelling salts. …
… Broadcom president and chief executive Hock Tan and Broadcom president Charlie Kawwas delivered Jalapeño to OpenAI chief executive Sam Altman and OpenAI president Greg Brockman. …
… Broadcom’s policy of requiring customers to buy its full Cloud Foundation private cloud stack has made the sums more interesting. …
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… ASICs are custom AI chips developed by outfits such as Broadcom, and they often work alongside Nvidia’s high-performance gear. …