[Broadcom Shares Drop Over 14.4% After Hours as AI Chip Revenue Forecast Misses Expectations] Odaily Planet Daily News – Broadcom (AVGO) shares fell over 13% after hours due to its announced artificial intelligence (AI) chip revenue forecast falling short of market expectations. The company stated that AI semiconductor revenue for the third fiscal quarter ending in July is expected to be $16 billion, while analysts had an average forecast of $17.2 billion. Broadcom CEO Hock Tan further noted that AI chip sales for the fiscal year ending in October are projected to be $56 billion, below the previous average forecast of $57.6 billion. This indicates that the company's progress in capturing a larger share of the rapidly growing AI chip market is slower than external expectations.