Wall Street tumbles 10% below its record for first ‘correction’ since 2023 on Trump’s trade war
NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the ...
Broadcom shares surge as solid forecast eases demand worries for AI chips
Broadcom is seeing red-hot demand for its custom artificial intelligence chips from cloud computing companies looking for an ...
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Wall Street tumbles 10% below its record after Trump escalates his trade war
NEW YORK (AP) — The U.S. stock market is still swinging Thursday, even after getting a double-shot of encouraging news on the ...
Intel Rallies After Naming Chip Veteran Lip-Bu Tan as CEO
Intel Corp. shares jumped about 10% in premarket trading on Thursday after it named Lip-Bu Tan as its next chief executive officer, entrusting a former board member and semiconductor veteran with one ...
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Broadcom shares surge as solid forecast eases demand worries for AI chips
Broadcom CEO Hock Tan said the company expects revenue of $4.4 billion in the second quarter for its AI semiconductors as hyperscale customers invest in custom AI chips for data centers.