Broadcom stock plunges on weak software sales, unchanged AI chip forecast for the year

Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.

# Broadcom stock plunges on weak software sales, unchanged AI chip forecast for the year Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue. **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/03/broadcom-avgo-earnings-report-q2-2026.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*