ChainThink report, March 5: Broadcom (AVGO.O)'s guidance for the second fiscal quarter disappointed investors, indicating that its progress in AI computing has been slower than some had previously anticipated.

The company's revenue for the second quarter (ending May 3) came in at approximately $22 billion, slightly above the average analyst forecast of $20.5 billion, with some estimates exceeding $22 billion. Its stock showed minimal movement by the close of trading, reflecting limited market reaction following the earnings release.

As of Wednesday's close, Broadcom's share price had already declined 8.3% in 2026. This tepid response underscores the extremely high barriers facing AI-focused companies in 2026. Investors are growing increasingly concerned about an AI investment bubble, as even NVIDIA’s massive profit report last month triggered a stock sell-off. (Jin10)