Tag Archives: Broadcom

Broadcom (NASDAQ:AVGO) stock has been on a remarkable run. After climbing more than 30% this year as investors rush into AI opportunities, the rally kicked into high gear when news broke of a $10 billion custom chip order from OpenAI. That headline confirmed what the market was already beginning to suspect – Broadcom is becoming one of the most important …

Oracle operates some of the world’s best data centers for processing artificial intelligence workloads. Developing artificial intelligence (AI) models requires a substantial amount of computing power, which most personal computers and devices can’t provide. Therefore, most of these workloads are processed inside large data centers that are filled with thousands of advanced chips from suppliers like Nvidia (NVDA 0.43%), Advanced …

It is hard to argue with the recent results of Broadcom (NASDAQ:AVGO), which delivered a sparkling 3Q Fiscal 2025 earnings report late last week. The company enjoyed revenues of $15.95 billion – up 22% year-over-year – while its Adjusted EBITDA of $10.7 billion represented a 30% increase year-over-year. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! …

Broadcom Stock Is Spiking Again. It’s Today’s Top Performer in the S&P 500.  Barron’s Broadcom Earnings: Buckle Up, Torrid AI Growth Is Accelerating  Morningstar Broadcom Soars on OpenAI Deal, Semiconductor ETFs Jump  ETF.com Broadcom Continues To Take Nvidia’s Lunch (NASDAQ:AVGO)  Seeking Alpha Prediction: Broadcom Will Join Nvidia and 5 Other “Ten Titans” Growth Stocks in the $2 Trillion Club by 2028  The Motley Fool Source …

AppLovin, Robinhood, Broadcom, Tesla, EchoStar, Planet Labs, QuantumScape, and More Movers  Barron’sView Full Coverage on Google News Source link

Broadcom Inc. (AVGO) shares climbed more than 9% in Friday’s trading after the chipmaker revealed a $10 billion order for new AI chips. The company did not name the buyer, but reports from the Financial Times and Reuters suggested that OpenAI was the customer. The news hit Broadcom’s rival, AMD (AMD), hard, with its shares falling over 6%. Elevate Your …

The networking and semiconductor specialist just provided proof positive that the AI revolution is on track. The past few years have been fast and furious for Nvidia (NVDA -2.78%) investors. The company’s graphics processing units (GPUs) helped lay the foundation for the artificial intelligence (AI) revolution. The demand for these processors has been off the charts, driving an unprecedented surge …

SNAPSHOT S&P 500, Nasdaq hit record high after weak jobs data; Broadcom surges  Reuters Stock Market Today: Dow Slips; Weak Jobs Report Boosts Interest-Rate Cut Bets — Live Updates  The Wall Street Journal A trade that wins if rates keep going lower following the weak jobs figures  CNBC Stock market today: S&P 500 hits record, Dow, Nasdaq jump ahead of make-or-break jobs report  Yahoo …

Key Takeaways Broadcom shares surged in premarket trading Friday after the chipmaker posted better-than-expected quarterly results, boosted by strong AI demand. The price looks set to break out above a symmetrical triangle, signaling a continuation of the stock’s current uptrend. The measured move technique projects a bullish target of $349. Investors should watch crucial support levels on Broadcom’s chart around …

This article first appeared on GuruFocus. Sep 5 – Broadcom Inc. (NASDAQ:AVGO) saw its stock climb more than 5% in early Friday trading after the company topped earnings expectations and raised guidance on the back of strong AI demand. For the third quarter of fiscal 2025, Broadcom reported record revenue of $16 billion, up 22% from a year earlier. Semiconductor …