Chip giant Broadcom (AVGO) this afternoon reportedfiscal Q3 revenue and profit that topped analysts’ expectations, and forecast this quarter’s revenue higher, citing wireless business trends, though its shares slipped in late trading.

Revenue in the three months ended in July rose 7% from the prior quarter to $3.792 billion, or $3.802 billion, on a non-GAAP basis; that yielded EPS of $2.89.

Analsyts...