NEW YORK (Reuters) – Broadcom Corp on Tuesday forecast a decline in revenue for the fourth quarter due to challenging market conditions including weakness in its infrastructure chip business. While Broadcom’s third-quarter revenue was better than Wall Street expected, its weak outlook was not a big surprise as chip makers such as Texas Instruments and Intel Corp have posted weak results due to softness in the global economy. …

Excerpted from:
Broadcom sees fourth-quarter revenue decline