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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.
Broadcom Stock Rallies as AI Chip Sales Soar
Broadcom
shares leapt after the chip and software company raised its quarterly dividend and reported a big jump in revenue. The company has emerged as a big winner in the
AI
boom by helping companies such as Alphabet's Google and Meta Platforms design and ...
Broadcom stock jumps 21%, hits four-year high on AI boom to top $1 trillion market value for first time
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.
AI, Broadcom
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 $12.2 billion
Broadcom rallies on forecast for booming AI chip demand
Shares of Broadcom soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value after it forecast that demand for its custom AI chips would keep rising in the coming years. The company was on track to add around $120 billion to its market value of $843 billion,
Broadcom shares soar on upbeat guidance, strong AI demand forecast
Investing.com - Broadcom on Thursday delivered upbeat revenue guidance for the current quarter and forecasted booming demand for its custom AI chips in the next few years, sending its shares soaring in extended trading.
Broadcom Earnings Top Estimates
Broadcom Earnings Top Estimates After AI Fuels Sales Growth
Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, posted better-than-expected profit in the fourth quarter after artificial intelligence demand helped bolster growth.
Broadcom's Earnings Exceed Expectations on AI Revenue Growth
Broadcom (AVGO) reported fiscal fourth-quarter earnings that topped analysts’ expectations, sending shares higher in extended trading Thursday. The chipmaker saw fourth-quarter revenue grow 51% year-over-year to $14.
Broadcom beats on profit, says AI revenue more than tripled this year
Broadcom is seeing soaring demand from the boom in generative AI infrastructure. For the year, the company said AI revenue jumped 220% to $12.2 billion. Some of that growth is fro
11h
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
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 ...
11h
Broadcom Stock Soars as Analysts Grow More Bullish on Chipmaker's AI Potential
Broadcom shares rocketed higher Friday, a day after the company’s fiscal fourth-quarter results topped expectations, leading ...
11h
on MSN
Why Stock-Split and Artificial Intelligence (AI) Stock Broadcom Blasted Higher on Friday
The semiconductor and networking specialist offered the clearest proof yet that the artificial intelligence (AI) revolution ...
Business Insider
22h
Broadcom’s Strong AI Growth Prospects and Diversification Justify Buy Rating
Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks Ross Seymore has given his Buy rating due to a combination of factors, most notably
Broadcom
’s strong performance ...
11h
on MSN
Broadcom Joins $1 Trillion Market Cap Club as Stock Soars on AI Demand
Key TakeawaysBroadcom shares surged more than 20% in early trading Friday after the company reported strong results and said ...
14h
Broadcom Stock Soars on Explosive 3-Year Artificial Intelligence (AI) Revenue Growth Projection
In fiscal Q4, the chipmaker continued to experience powerful demand for its products for AI data centers, including custom AI ...
1d
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
Broadcom forecast its first-quarter revenue above Wall Street estimates on Thursday, betting on booming demand for its custom ...
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