Broadcom has cut VMware's workforce by roughly half since acquiring the company in 2023. VMware had more than 38,000 employees in early 2023. That's down to about 16,000, two sources said. Wall ...

Broadcom Inc.’s latest earning and guidance should be welcome relief on Wall Street, given a tough recent stretch for the artificial-intelligence trade. The software and semiconductor company ...

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Broadcom is seeing red-hot demand for its custom artificial intelligence chips from cloud computing companies looking for an alternative to the costly processors designed by Nvidia as they expand ...

However, new reports suggest that one of those potential takeover initiators, Broadcom (AVGO) is not that interested after all. The end result proved less than encouraging for investors ...

Broadcom shares jumped after the company posted ... Net income during the first quarter rose to $5.5 billion, or $1.14 per share, up from $1.33 billion, or 28 cents per share, a year ago.

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.

“For what it is worth, every ~$10B would account for ~25 cents in NVDA EPS; a full China datacenter ban would likely impact EPS ($5-6 baseline ... initiatives. Broadcom stock is a ‘must ...

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Broadcom reported a first-quarter revenue of ... Tesla Inc. TSLA Tesla’s stock closed down 5.61% at $263.45, with an intraday high and low of $272.65 and $260.02. Its 52-week high and low ...

In the most recent quarter, which was the first of its fiscal 2025 and which ended on February 2, Broadcom posted sales of $14.92 billion, up 24.7 percent from the year ago period. The company brought ...