Broadcom also predicted that the addressable market for AI components that it designs for data center operators would reach as high as $90 billion by fiscal 2027.

Broadcom's $1 trillion valuation is driven by strong earnings growth, AI segment booming, semiconductor growth, and future ...

Broadcom stock soared Friday after the company touted its “massive” opportunity in the AI market during a quarterly earnings ...

Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.

One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing ...

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Nvidia should see strong demand continue as its Blackwell AI processor ramps up, but market attention is turning to custom, ...

The Magnificent Seven stocks are once again masking some flat to downward-trending performance in the broader market. Whether ...

The company was on track to add around $120 billion to its market value of $843 billion, based on premarket share movements, ...

Nvidia's stock is off 2.3% and AMD's is down 3.2%. Broadcom on Thursday forecast a serviceable addressable market of $60 billion to $90 billion for fiscal 2027, based on its current base of hyperscale ...

Broadcom backed up Nvidia’s projections that large technology companies have an appetite for building data centers with up to 10 times as many AI chips as today.

Big Tech’s push to diversify beyond Nvidia’s pricey and supply-constrained AI processors has been a windfall for Broadcom, ...