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Broadcom: Fiscal 2018 Earnings Boost Investors’ Confidence

Broadcom: Fiscal 2018 Earnings Boost Investors’ Confidence

Many of the major players like NVIDIA (NVDA) and Texas Instruments (TXN) reported weak earnings guidance for the fourth quarter. Broadcom (AVGO) stood apart from the crowd. Broadcom reported its better-than-expected third-quarter earnings and strong guidance on December 6, which sent the stock up 5.2% in the after-market session.