In particular, the analysts have highlighted Broadcom’s growing customer base and potential for Ethernet expansion in artificial intelligence. Ethernet is a dominant networking technology ...
We recently compiled a list of the 10 AI News You Can't Miss. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other AI stocks you can't miss.
Broadcom (NASDAQ: AVGO) may have caught many of its bulls by surprise amid its recent surge of 25% after a 40% increase and a significant pullback. The company's booming AI chip business ...
This week, it's Broadcom. Its stock has soared since late last week, catapulting the company into the $1 trillion-market-cap club. The boost came from a blockbuster earnings report in which its ...
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 ...
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 shares have soared 38% through Monday’s close — the two trading days since it reported results — pushing the company’s market capitalization to nearly $1.2 trillion.
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 ...
which Broadcom purchased a year ago for about $69 billion. While software has become more important, at 41% of revenue last quarter, the biggest growth driver in the years ahead will be the ...
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 predicts serviceable market for AI XPU and networking could reach $60 billion to $90 billion by 2027 and company is a market leader. During Broadcom’s Q4 2024 earnings call, CEO Hock Tan ...