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 ...

There is no denying the fact that Broadcom enjoys a good position in the industry at this point, but it doesn’t in any way dent Nvidia’s long-term bull thesis.

In the fiscal fourth quarter of 2024, Broadcom expects revenue from AI to grow by 10% sequentially to $3.5 billion, bringing the full-year total to $12 billion, driven by ethernet networking and ...

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 ...

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 after the two couldn’t reach an agreement that offered appropriate shareholder returns. As of January 2025, Ingram will ...

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 ...

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'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 ...