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 ...

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 ...

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 ...

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'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 ...

Broadcom (AVGO) announced availability of its end-to-end PCIe Gen 6 portfolio. Broadcom has further extended its multi-generational PCIe leadership by allowing early access to its PCIe Gen 6 ...

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 ...

Since the takeover, Broadcom has laid off more than half of VMware's employees. The developer of virtualization software currently has around 16,000 employees. This was reported by the US business ...

(Reuters) -Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following ...