U.S. stock index futures rose on Friday, with those tied to the tech-heavy Nasdaq 100 in the lead, after an upbeat forecast ...
Steve Sosnick, chief strategist at Interactive Brokers, joins CNBC's 'The Exchange' to what's driving the recent rally, his ...
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 ...
Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%.
Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom ...
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 ...
Apple is working with semiconductor company Broadcom on its first server chip designed to handle AI applications, according ...
Big Tech’s push to diversify beyond Nvidia’s pricey and supply-constrained AI processors has been a windfall for Broadcom, ...
One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing ...
Shares of Broadcom were soaring Friday following a bullish forecast on sales of artificial-intelligence chips, putting the ...