Broadcom says it will sell $12 billion in AI parts and custom chips this year

Broadcom reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings.Broadcom shares fell 5% in extended trading.Here is how the chipmaking conglomerate did versus LSEG consensus estimates for the quarter ending Aug. 4:Earnings per share: $1.24 adjusted vs.$1.20 expectedRevenue: $13.07 billion vs.$12.97 billion expectedBroadcom expects current-quarter revenue of $14 billion, versus$1.36 per share on $14.04 billion expected.Broadcom reported a net loss of ...