Shares of Broadcom (NASDAQ: AVGO) rallied 5.3% on Monday, as of 1:18 p.m. ET. Broadcom received a bullish note and price target upgrade from a Wall Street sell-side analyst today, building upon ...

Broadcom stock surged 38% over the course of Monday and Friday only to fall back 4% on Tuesday, as investors cheered the technology company's strong earnings, then tempered their growth hopes ...

driven by strong demand for its AI XPUs (Broadcom’s custom AI accelerators) and Ethernet products. Broadcom is benefiting from the generative AI boom, with its wide suite of networking and ...

Ingram Micro has parted ways with Broadcom and VMware across many markets ... the need for a more streamlined and focused distribution network have necessitated this change. We remain deeply ...

It based that growth forecast on the high demand for its Jericho 3 Ethernet switches, which are designed for AI networks. Despite investors' enthusiasm for Broadcom's AI business, a broader sense ...

Broadcom Inc.’s massive rally after last week’s earnings report is reminiscent of when Nvidia Corp. shares first started to take off back in 2023. The chipmaker now needs to prove it can ...

Broadcom's leadership in networking infrastructure provides a crucial competitive advantage. The company's Tomahawk and Jericho product lines dominate the Ethernet networking space, offering ...

Broadcom stock soared after it delivered its ... It based that growth forecast on the high demand for its Jericho 3 Ethernet switches, which are designed for AI networks. There wasn't a clear ...

AI revenue alone grew 220% on an annual basis, fueled by the company’s AI XPUs and Ethernet networking portfolio. Broadcom is expecting first quarter revenue of approximately $14.6 billion ...

Broadcom shares rose to a record high Monday as the chipmaker’s post-earnings rally continued. The chipmaker's stock has surged to the point where it has already exceeded or is quickly ...

Nvidia, Broadcom and Marvell should benefit from their artificial intelligence exposure, while Lam Research should benefit from the spending recovery in flash memory and China, Arya added.