Broadcom stock is up 124% this year, and Marvell stock has logged gains of 93% as of this writing. But if you had to choose ...
There’s a new trillion-dollar AI chip maker in town. The old one is still going to do just fine. Broadcom’s fiscal ...
Broadcom (NASDAQ: AVGO) may have caught many of its bulls by surprise amid its recent surge of 25% after a 40% increase and a significant pullback. Additionally, acquisitions have proved fortuitous ...
Several media outlets recently espoused the narrative that the AI chip king would soon face tougher competition as large ...
Broadcom's stock surges in 2024 on VMware acquisition synergies and AI revenue growth, solid earnings report backs buy ...
While Nvidia is dominating the AI chip space, Broadcom is making inroads by helping customers develop custom AI chips. Its application-specific integrated circuits, or ASICs, are designed specifically ...
These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to ...
Broadcom chief Tan expects AI frenzy to continue for at least 10 years as Google, Meta Platforms, TikTok parent ByteDance ...
Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the ...
Despite this, the market did solidify that momentum continues to build for AI stocks entering 2025. Broadcom’s commentary on the call as to the serviceable addressable market for its two leading ...
Broadcom predicts serviceable market for AI XPU and networking could reach $60 billion to $90 billion by 2027 and company is ...
FY2024 earnings report shows strong revenue growth, driven by custom AI chip demand, pushing its market cap past $1 trillion.