Apple developing "Baltra" server chip for AI, targeting 2026 productionIsraeli silicon team leading project; Mac chip canceled for focusBroadcom collaboration and TSMC’s N3P tech to enhance development Apple is reportedly developing its first server chip tailored specifically for artificial intelligence.
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
Apple is reportedly developing a custom server processor to power its AI services. Codenamed "Project Baltra," the initiative aims to bolster the AI capabilities integrated into
Apple plans to launch in-house Wi-Fi and Bluetooth chips by 2025. Broadcom will still supply Apple with radio frequency filters for modems. The Wi-Fi and Bluetooth chips will enable Apple devices to go online via wireless networks, pair with headphones ...
Broadcom estimates revenue from its three existing hyperscale customers will range from $60 billion to $90 billion in 2027, up from $12.2 billion in 2024. In other words, the company anticipates that custom AI chip sales will increase at least 70% annually in the next three years, but perhaps as quickly as 95% annually.
Broadcom faces significant risks from Apple's potential move to in-house chip production and increased US controls on AI chip exports. Despite a solid Q4 performance, Broadcom's reliance on Apple ...
Broadcom Inc. (NASDAQ:AVGO) is the latest addition to the elite trillion-dollar companies club. The announcement that the company could generate revenues in the upward of $60 to $90 billion from artificial intelligence by 2027 underscores why it remains the center of attention on Wall Street.
As of 10:45 a.m., markets appear headed to break their recent winning streak. The Dow Jones Industrial Average has seen 5 straight days in the green after seeing an incredible 10-day losing streak on December 19th.
Live Updates Make sure to refresh this page periodically for updates. Jobs Data Weighs on Markets 11:30 am The most meaningful piece of economic news out today is jobs data. The most concerning bit of information is that continuing claims for unemployment benefits hit 1.
In the high-tech universe, there is a single common road that top-flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO),
Tech stocks lift Nasdaq 0.6% while Dow Jones drops 100 points. MicroStrategy falls 5% on Bitcoin volatility. Will the Santa Claus rally drive markets higher?
There aren't any rules about why or how often a company can split its stock. Broadcom wouldn't even be the first company to split its stock multiple times in a short period. Tesla executed two stock splits in the two years between August 2020 and 2022. Each share investors owned before those splits would equate to 15 shares today.