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Broadcom forecasts upbeat current-quarter sales

Sept 2 (Reuters) - Broadcom Inc forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting on strong demand for its semiconductors from the adoption of 5G technology and a shift to hybrid work models.

The company forecast current-quarter revenue of about $7.35 billion, compared with analysts’ estimates of $7.23 billion, according to IBES data from Refinitiv.

Reporting by Eva Mathews in Bengaluru; Editing by Amy Caren Daniel

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