Broadcom sells a lot of networking and optical chips for use in AI data centers. The rapid expansion of the artificial intelligence (AI) market is generating strong tailwinds for many chipmakers.
Shares of Broadcom Inc. were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the company on the cusp of becoming the next member of the trillion ...
Broadcom Inc. soared nearly 17% after the company reported strong earnings after Thursday’s close. The latest earnings report reaffirmed that artificial intelligence (AI) is a strong force and i ...