Score another one for AI fever. Broadcom's shares surged 24% on Friday, making the company only the second chip maker after Nvidia to cross the $1 trillion market cap milestone. That came after the co ...

Broadcom Inc.'s stock sealed its best day on record Friday, as investors salivated over the company's prospects for the next few years.

What You Need to Know The S&P 500 finished flat on Friday, Dec. 13, 2024, as attention shifted toward next week's Federal ...

Broadcom became the latest member of the $1 trillion market-cap club after its quarterly results, while RH and Costco also ...

U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow ...

Stocks slipped in afternoon trading Friday as Wall Street closes out a rare bumpy week.

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, ...

Broadcom has never been one for making fanciful forecasts. Which is why its latest one carries a lot of weight. The chip ...

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

Broadcom accomplished this thanks to its next-gen custom accelerators (XPUs) for AI. Namely, the 3.5D XDSiP greatly reduces ...

This propelled a mixed reaction in chip stocks, with Broadcom competitor Marvell Technology seeing an 8.4% rise, while AI leader Nvidia saw a downturn, closing down by 2.8%. A semiconductor stock ...