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 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 ...
Jefferies analyst Blayne Curtis reiterated a Buy rating on Broadcom (AVGO – Research Report) on February 21. The company’s shares closed last Friday at $218.66. See what stocks are receiving ...
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 (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 ...
Broadcom CEO Hock Tan said the company expects revenue of $4.4 billion in the second quarter for its AI semiconductors as hyperscale customers invest in custom AI chips for data centers.
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 ...
The US chip providers Nvidia and Broadcom are conducting production tests with Intel. This was first reported on Monday by the news agency Reuters, citing two anonymous sources familiar with the ...
(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 ...
Broadcom CEO Hock Tan said the company expects revenue of $4.4 billion in the second quarter for its AI semiconductors as hyperscale customers invest in custom AI chips for data centers.