Broadcom AVGO-0.30%decrease; red down pointing triangle reported rapid revenue growth on Thursday as demand continues to rise for chips to fill data centers that power artificial-intelligence models.
Dec 11 : Broadcom projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and shares fell 5 per cent in extended ...
So, now it has happened -- the leader in TV streaming is taking over one of the most storied brands in movies and television, 102-year-old Warner Bros. But in the process of absorbing Warner Bros., ...
Broadcom's stock has more than doubled over the past 12 months. Broadcom's business benefits from companies building out infrastructure to support AI. 10 stocks we like better than Broadcom › As the ...
Broadcom and a company called CAMB.AI are teaming up to bring on-device audio translation to a chipset. This would allow devices that use the SoC to complete translation, dubbing and audio description ...
OpenAI has landed a new hardware partner. The AI research lab announced Monday it formed a partnership with semiconductor company Broadcom for 10 gigawatts’ worth of custom AI accelerator hardware.
The analyst expects annual AI-related capital expenditures to nearly triple from 2025 to 2030, reaching more than $1.2 trillion, constrained only by the ability to scale data center buildings and ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The sale comes as Silicon Valley ...
Broadcom Inc. Chief Executive Officer Hock Tan has a clause in his contract extension that would bring hundreds of millions of dollars in stock compensation if the company reaches $120 billion in ...
Broadcom (NASDAQ:AVGO) delivered a blockbuster fiscal third-quarter earnings report yesterday that solidifies its position as a powerhouse in the artificial intelligence (AI) boom. The AI chipmaker ...
Sept 5 (Reuters) - Broadcom shares (AVGO.O), opens new tab jumped 15% on Friday after the chipmaker unveiled a blockbuster $10 billion AI chip order from a new customer, fueling optimism around its ...
Broadcom‘s (AVGO) Q3 earnings reported record $16 billion revenue, up 22%, with AI semiconductor revenue surging 63% to $5.2 billion. Infrastructure software grew 43% to $6.79 billion, and Q4 guidance ...