Broadcom shares surge on strong revenue and AI outlook
Broadcom shares surged in after-hours trading on Thursday as the chip designer announced better than expected revenue and a confident outlook around artificial intelligence. The company, which designs custom AI chips and infrastructure for the biggest tech companies,
Broadcom shares rallied after the company posted strong first-quarter earnings and guidance and signaled ongoing AI demand.
Broadcom shares rose after the chip maker said quarterly revenue jumped. Artificial-intelligence revenue jumped 77% from a ...
Broadcom's custom AI chips appeal to cloud companies as a cheaper option for high-volume AI work.
Hock Tan on Broadcom earnings $4 billion AI sales, chips, VMware and VCF, cloud hyperscalers, software infrastructure and ...
Nvidia and Broadcom may be fellow passengers on the AI hype train, but they occupy different carriages. Nvidia’s ...
The tech giant surpassed earnings and revenue expectations for the first quarter of its fiscal 2025, with robust growth in ...
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Broadcom (NASDAQ:AVGO) shares had a very successful 2024, with a strong fiscal fourth-quarter report in December that ...
Shares of Broadcom ( AVGO 3.45%) were climbing today after the diversified chip stock posted better-than-expected results in ...
The chipmaker also added four hyperscale customers to its booming hardware business, CEO Hock Tan said Thursday.
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