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Broadcom sees first-quarter sales above estimates -Breaking

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© Reuters. The Broadcom firm emblem is proven outdoors one in every of their workplace complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike Blake/File Photograph

(Reuters) – Semiconductor agency Broadcom (NASDAQ:) Inc forecast first-quarter income above Wall Avenue expectations on Thursday, leaning on a world ramp-up in 5G know-how deployment and cloud computing.

The corporate forecast present quarter income of about $7.60 billion, in comparison with analysts’ estimate of $7.25 billion, in response to Refinitiv information.

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