Trump’s trade war strikes again: Broadcom plummets after cutting its yearly sales forecast, dragging the entire chipmaker industry lower

Posted by on June 15, 2019 3:10 am
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Categories: Business

Broadcom shares dropped before the opening bell on Friday after the semiconductor giant lowered its revenue outlook for the year due to concerns over slowing demand from the trade war.
“We currently see a broad-based slowdown in the demand environment, whi…
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