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Broadcom defeats third-quarter profits approximates


(Reuters) – Chipmaker Broadcom beat Wall Street assumptions for third-quarter profits on Thursday, driven by need for its networking and personalized chips made use of in expert system applications.

The business reported third-quarter profits of $13.07 billion, defeating quotes of $12.97 billion, according to LSEG information.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid)



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