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Broadcom Stock Jumps

Barron's on MSN · 1d

Broadcom Stock Jumps After Chip Maker Beats Earnings. The AI Trade Isn’t Dead.

Broadcom stock rallied after the company posted better-than-expected earnings. The strong results from the semiconductor maker could provide some relief to the beaten-down artificial-intelligence trade.

The Wall Street Journal · 1d

Broadcom Stock Rallies After Chip Maker Reports Surge in AI Revenue

Broadcom shares rose after the chip maker said quarterly revenue jumped. Artificial-intelligence revenue jumped 77% from a year earlier to $4.1 billion last quarter. Overall, revenue grew 25% to $14.9 billion,

SiliconANGLE · 2d

Broadcom’s stock bounces back on strong earnings and guidance powered by AI chip demand

The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker Marvell Technology Inc. only just delivered to expectations and fell sharply Thursday morning. Broadcom’s stock surged more than 12% after-hours.

Broadcom shares surge

Reuters on MSN · 2d

Broadcom shares surge as solid forecast eases demand worries for AI chips

Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers that could boost revenue in a highly competitive market.

NBC New York · 2d

Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips

Broadcom said it recorded $4.1 billion in AI revenue during the first quarter, which is 77% higher on a year-over-year basis. Those sales are reported as part of Broadcom's semiconductor solutions business, which grew 11% on an annual basis to $8.21 billion during the quarter.

Fortune on MSN · 1d

Broadcom shares pop as the U.S. chipmaker brings good news to the AI sector

Broadcom's share price rose by as much as 14% in extended trading, after the firm reported healthy demand for its custom AI chips.

1d

Broadcom Stock Pops as Earnings and Outlook Beat Expectations on Strong Demand for Custom Artificial Intelligence (AI) Chips

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5d

Exclusive: Nvidia and Broadcom testing chips on Intel manufacturing process, sources say

Chip designers Nvidia and Broadcom are running manufacturing tests with Intel , two sources familiar with the matter told ...

2d

Broadcom just proved Nvidia will be looking over its shoulder for a while longer

Broadcom's custom AI chips appeal to cloud companies as a cheaper option for high-volume AI work.

2d

Broadcom Earnings and AI Strength Should Win Over a Tougher Crowd

Revenue from the company’s custom AI chips is soaring, with more potential customers in the pipeline.

1d

Why Broadcom Stock Was Moving Higher Today

Shares of Broadcom (NASDAQ: AVGO) were climbing today after the diversified chip stock posted better-than-expected results in ...

1d

Broadcom thumbs nose at mighty Nvidia

Nvidia and Broadcom may be fellow passengers on the AI hype train, but they occupy different carriages. Nvidia’s ...

5d

Intel's divisions in spotlight as TSMC, Broadcom circle

Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the ...

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