A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration By Zaheer Kachwala and Max A. Cherney ...

The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.

Since the generative artificial intelligence awakening, we’ve said consistently that Nvidia Corp. and Broadcom Inc. are the No. 1 and No. 2 AI plays in tech. Since peaking in mid-December of ...

Broadcom's shares surged 13% post-market after reporting Q1 earnings and revenue that beat expectations, driven by strong AI hardware demand. Broadcom's partnership with Apple and robust free cash ...

Bottom line: Broadcom's acquisition of VMware has yielded impressive financial results, according to the company's recent quarterly earnings report. For the quarter ending February 2, Broadcom ...

KeyBanc analyst John Vinh maintained a Buy rating on Broadcom (AVGO – Research Report) today and set a price target of $275.00. See what stocks are receiving Strong Buy ratings from top-rated ...

Broadcom reported first-quarter revenue of $14.92 billion, beating estimates of $14.61 billion. AI revenue surged more than 77 per cent to $4.1 billion on strong adoption of its custom-made ...

Broadcom shares rise 6%, boost chipmaking peers Company's rosy forecast a positive sign for weakening AI rally Demand for custom AI chips, software growth driving strength March 7 (Reuters ...

Broadcom’s fiscal first quarter beat management guidance. Revenue rose 25% year over year and 6% sequentially to $14.9 billion, with artificial intelligence revenue rising roughly 15% ...

March 6 (Reuters) - 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 ...

Broadcom's shares soared 12 per cent in premarket trading on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector ...

Broadcom's shares have fallen more than 20% so far this year, after doubling in 2024. The broader Philadelphia Semiconductor index is down about 10% so far in 2025, after gaining nearly 20% last ...