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 (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 ...
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
Shares of silicon and software giant Broadcom (NASDAQ: AVGO) surged as much as 10% on Monday, before settling into a 9.5% gain as of 1:15 p.m. ET. Monday's rally came after a near-25% surge on ...