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Broadcom Shares Jump

Reuters on MSN · 16h

Broadcom jumps as upbeat forecast raises hopes of AI rally resurgence

Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following rival Marvell Technology's bleak outlook.

Investopedia on MSN · 16h

Broadcom Stock Jumps as Results, Outlook Show Robust AI Chip Demand

Broadcom shares are surging in premarket trading Friday after the chipmaker posted quarterly results and an outlook that topped analysts’ expectations on the back of robust demand for its artificial intelligence semiconductors.

East Bay Times · 14h

Broadcom Shares Jump as AI Growth Fuels Upbeat Forecast

Sales will be about $14.9 billion in the three-month period ending May 4, Broadcom said in a statement Thursday. Analysts had estimated $14.6 billion on average, with some projections surpassing $15.1 billion.

Broadcom, AI stocks

Markets Insider on MSN · 17h

Stock of the Day: Broadcom soars 10% as earnings forecast offers hope for the sagging AI trade

The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.

Cryptopolitan · 13h

Broadcom stock soars 13% after AI-fueled earnings beat expectations

Meanwhile, Nvidia, the leading maker of AI chips, was up 0.7% after tumbling 5.7% on Thursday on the belief that Broadcom’s report could inject some life into the faltering artificial intelligence trade. Nvidia shares have declined 17% this year. Micron Technology gained 3.5% on Friday.

MarketWatch on MSN · 1d

Broadcom’s stock pops as upbeat earnings outlook soothes AI investors

It’s been a tough stretch for AI stocks, but Broadcom’s guidance brought the sort of upside investors wanted to see.

13h

Broadcom Stock Pops as Earnings and Outlook Beat Expectations on Strong Demand for Custom Artificial Intelligence (AI) Chips

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CRN14h

Broadcom’s CEO On $4B AI Sales, Tariffs, VMware And ‘Stepping Up’ Cloud R&D

Hock Tan on Broadcom earnings $4 billion AI sales, chips, VMware and VCF, cloud hyperscalers, software infrastructure and ...

1d

Broadcom shares surge as solid forecast eases demand worries for AI chips

Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted ...

1d

Broadcom Earnings and AI Strength Should Win Over a Tougher Crowd

Revenue from the company’s custom AI chips is soaring, with more potential customers in the pipeline.

The Next Platform3h

Broadcom And Marvell Ride The Compute Engine Independence Wave

Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...

19hon MSN

Analysts revisit Broadcom stock price targets after Q1 earnings surprise

Broadcom shares soared in early Friday trading after the chipmaker posted stronger-than-expected quarterly earnings, as well ...

11h

Broadcom Stock Rallies After Chip Maker Reports Surge in AI Revenue

Broadcom shares rose after the chip maker said quarterly revenue jumped. Artificial-intelligence revenue jumped 77% from a ...

20hon MSN

Broadcom shares pop as the U.S. chipmaker brings good news to the AI sector

Broadcom's share price rose by as much as 14% in extended trading, after the firm reported healthy demand for its custom AI ...

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