Steve Sosnick, chief strategist at Interactive Brokers, joins CNBC's 'The Exchange' to what's driving the recent rally, his ...
The company said AI revenue jumped 220% for the year to $12.2 billion. The stock popped in after-hours trading Thursday when ...
These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to ...
Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the ...
Wall Street's main indexes were muted in choppy trading on Friday as yields on government bonds ticked up, while an upbeat ...
Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%.
Futures contracts indicated the tech-heavy Nasdaq Composite would open 0.8 per cent higher and the broader S&P 500, 0.4 per ...
Apple Inc. is developing a server chip designed especially for artificial intelligence and is working with Broadcom Inc. on ...
Big Tech’s push to diversify beyond Nvidia’s pricey and supply-constrained AI processors has been a windfall for Broadcom, ...
Broadcom shares rocketed higher Friday, a day after the company’s fiscal fourth-quarter results topped expectations, leading ...
Shares of Broadcom were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the ...
One analyst notes that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing ...