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Broadcom is now a $1 trillion company
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.
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’s stock soars as earnings call offers a bold AI forecast
The chip maker booked 220% growth in AI semiconductor revenue for the latest fiscal year — and sees future AI sales far greater than that $12.2 billion sum.
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
7h
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 ...
10h
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 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 ...
45m
on MSN
Nasdaq futures lead advance after Broadcom's upbeat forecast
U.S. stock index futures rose on Friday, with those tied to the tech-heavy Nasdaq 100 in the lead, after an upbeat forecast ...
9h
Is The IPO Market Back? Broadcom Shines On Earnings
Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%.
57m
on MSN
Nvidia’s stock misses out on the big chip rally after Broadcom earnings
One analyst notes that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing ...
12h
on MSN
Broadcom sube tras pronosticar alza en ventas de chips para inteligencia artificial
Las acciones de Broadcom Inc, el proveedor de chips para Apple Inc y otras grandes empresas tecnológicas, suben en las ...
8h
Broadcom soars past $1tn as chipmaker projects ‘massive’ AI growth
Futures contracts indicated the tech-heavy Nasdaq Composite would open 0.8 per cent higher and the broader S&P 500, 0.4 per ...
8h
on MSN
Broadcom stock jumps 21%, pushing company past $1 trillion market cap for the first time
The company said AI revenue jumped 220% for the year to $12.2 billion. The stock popped in after-hours trading Thursday when ...
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