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Tech leads stocks higher after Broadcom earnings boom
Broadcom is now a $1 trillion company as stock surges 20% on AI boom
Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.
Broadcom’s stock soars as earnings show just how much AI has helped the business
The artificial-intelligence portion of Broadcom Inc.’s semiconductor business grew 220% last fiscal year, helped by momentum in custom accelerators and ethernet networking. That amounted to $12.2 billion in annual revenue,
Stock market today: Tech leads stocks higher after Broadcom earnings boom
Broadcom said its AI revenue increased 220% for the year to $12.2 billion and expects the business boom to continue over the next three years.
Broadcom, chip stocks power Wall Street
Heard on the Street: Broadcom Makes Its Trillion Dollar AI Payday
Broadcom has never been one for making fanciful forecasts. Which is why its latest one carries a lot of weight. The chip maker’s [fiscal fourth-quarter results](
Broadcom, chip stocks power Wall Street higher
Wall Street's main indexes rose on Friday with Nasdaq outperforming after an upbeat forecast from Broadcom kept alive the euphoria around artificial intelligence and lifted chip stocks. Broadcom forecast quarterly revenue above Wall Street estimates and predicted booming demand for its custom AI chips in the next few years,
Broadcom May Help Lead Early Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground after moving
11h
Broadcom Soars On Strong AI Demand
These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to ...
7h
on MSN
Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand
Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the ...
9h
on MSN
Broadcom soars 23% to a $1 trillion valuation after earnings as the company eyes big AI opportunity ahead
Broadcom shares surged Friday after the company's latest earnings report. "We see an opportunity in AI over the next three ...
8h
on MSN
Why Stock-Split and Artificial Intelligence (AI) Stock Broadcom Blasted Higher on Friday
The semiconductor and networking specialist offered the clearest proof yet that the artificial intelligence (AI) revolution ...
Yahoo
10h
Broadcom Stock Rallies as AI Chip Sales Soar
Broadcom
shares leapt after the chip and software company raised its quarterly dividend and reported a big jump in revenue.
1h
Broadcom ETFs Surge on Strong AI Demand
However, the firm said that demand for its AI products was booming and that it would continue to see strong demand for the ...
11h
Broadcom Stock Soars on Explosive 3-Year Artificial Intelligence (AI) Revenue Growth Projection
In fiscal Q4, the chipmaker continued to experience powerful demand for its products for AI data centers, including custom AI ...
21h
on MSN
Watch These Broadcom Price Levels as Stock Soars on Strong AI Sales Growth
Broadcom shares surged in extended trading Thursday after the chipmaker reported better-than-expected earnings and issued a ...
Channel NewsAsia Singapore
1h
Broadcom rallies on forecast for booming AI chip demand
Shares of Broadcom soared 14 per cent on Friday, with the chipmaker moving closer to $1 trillion in market value after it ...
New York Post
6h
Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction
Broadcom
is predicting a massive expansion in demand for chips that power
AI
— and the market, for now, is buying it all ...
1d
on MSN
Broadcom's Earnings Exceed Expectations on AI Revenue Growth
Broadcom reported fiscal fourth-quarter earnings that topped analysts’ expectations, sending shares higher in extended ...
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