Broadcom's earnings beat expectations but fell 11.43%?

Reasons for the decline:
Although earnings significantly exceeded expectations (AI revenue surged 74%), the company warned that the rising proportion of low-margin custom AI chips would lower overall gross margins; AI order backlog of $73 billion fell short of some investors' higher expectations; coupled with the overall "sell the news" sentiment in the AI sector, triggering an 11% plunge.

Expected trend at tomorrow's opening:
On Friday, it had fallen to around $360, digesting the negative news, with no major new negatives over the weekend. Most analysts raised target prices (average above $400, still strongly recommending). If the tech sector remains stable, it may open lower and rebound slightly or fluctuate, testing the $365-380 range; if AI sentiment continues to cool, it may open lower and continue to decline. High short-term volatility suggests a wait-and-see approach.

$Broadcom(AVGO.US)