Hyperscalers’ AI Chip Bets Drive Broadcom Bullet Train To $1
6 days ago · “So the reality going forward for this company is that the AI semiconductor business will rapidly outgrow the non-AI semiconductor business.” Broadcom shares closed last week at $224.80, up ...
Broadcom's CEO plays down an Intel bid: 'No hostile offers'
2 days ago · Broadcom has soared to a $1 trillion market capitalization for the first time thanks to the AI boom. The chief executive of $1 trillion AI chip giant Broadcom has dismissed the prospect of a ...
Broadcom Is Suddenly Worth $1 Trillion. What This Means for …
4 days ago · Designers of custom AI chips, chief among them Broadcom and Marvell, are headed into a growth phase, Morgan Stanley says. ... This may not be all bad news for Nvidia. A $22 billion ASICs market is ...
Broadcom hits trillion-dollar valuation on lofty forecasts for AI ...
Dec 13, 2024 · Broadcom shares rise 21%, market value hits $1 trillion on AI enthusiasm Company expects $60 bln to $90 bln AI revenue opportunity in 2027 Marvell shares rise about 9%, Nvidia and AMD down 3%
Broadcom Shatters Records: $1 Trillion Milestone Reached as AI …
Dec 13, 2024 · During an earnings call, Broadcom's CEO Hock Tanemphasized the enormous total addressable market for custom artificial intelligence accelerators, approximating it to be between $60 billion and $90 ...
Broadcom Valuation Soars Past $1 Trillion on AI Sales Boom
Dec 12, 2024 · (Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in demand for its...
Apple Working With Broadcom to Develop AI Chip, the …
Dec 11, 2024 · (Reuters) -Apple is working with Broadcom to develop its first server chip specially designed for artificial intelligence processing, the Information reported on Wednesday, citing people with...
Apple working with Broadcom to develop AI chip, the …
Dec 11, 2024 · Apple is working with Broadcom to develop its first server chip specially designed for artificial intelligence processing, the Information reported on Wednesday, citing people with direct...
Broadcom Rises As Top AI Chip Supplier After Nvidia, Thanks To …
Jun 6, 2024 · Key custom chip (ASIC) market player Broadcom Inc (NASDAQ:AVGO) has gained over 77% in the last 12 months thanks to the generative AI frenzy. The chipmaker now has a market cap of roughly $655...
Artificial Intelligence - Broadcom News and Stories
Nov 4, 2024 · Private AI: Realizing the Value of AI in Government While Controlling the Costs and Risks of Innovation October 17, 2024