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European Shares Seen Up In Cautious Trade As Broadcom Raises AI Chip Forecast

Source: Nasdaq

Corporate EarningsTechnology & InnovationArtificial IntelligenceAnalyst Insights

Broadcom reported fiscal Q3 results that beat Wall Street expectations and forecast a boom in artificial-intelligence chip sales over the next two years. The positive earnings surprise and AI growth outlook are expected to keep European tech shares in focus, supporting a higher open for European equities on Thursday.

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