(AOF) – Broadcom was expected to fall 3.24% in pre-market, the American semiconductor giant released an adjusted Bpa of 10.54 dollars against 10.43 dollars of consensus for the quarter ended at the end of June. Its adjusted Ebitda stood at 5.8 billion dollars against a consensus of 5.71 billion. Over the period, sales beat expectations, up 4.9% to $8.88 billion. For the current quarter, the group forecasts revenues of $9.27 billion, against a consensus of $9.28 billion.
“Broadcom’s third quarter results were driven by demand for next-generation networking technologies as hyperscale customers scale and network their AI clusters within data centers,” said Hock Tan, CEO. from Broadcom.
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Growing market and price pressures
According to the SIA, global chip sales were $151.7 billion in the first quarter of 2022, up 23% year-on-year. Sales increased in all major regional markets and for all product categories. As global uncertainties, including the war in Ukraine and the health crisis, weigh on supply chains, demand for semiconductors continues to significantly outpace supply. Manufacturers Samsung and TSMC have announced that they will raise their prices, in a context where players in the sector have good leeway and benefit from increased bargaining power. However, wage increases and component prices could weigh on future performance.