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.
Broadcom's $1 trillion valuation is driven by strong earnings growth, AI segment booming, semiconductor growth, and future ...
Futures tracking the Dow Jones Industrial Average rose 63 points, or 0.1%, putting the index on course to snap a six-day losing streak. Futures for the benchmark S&P 500 climbed 0.2% and contracts ...
Wall Street's main indexes rose on Friday with Nasdaq outperforming after an upbeat forecast from Broadcom kept alive the ...
FedEx and Nike report after the Fed's final meeting of 2024. S&P 500 estimates for 2025 are also coming out. Analysts often ...
One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing ...
NEW YORK — Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The ...
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The ...
Broadcom's (AVGO) quarterly results may have topped estimates, but its guidance of up to $90B in revenue from custom AI chips ...
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Broadcom stock surges after CEO Hock Tan says the company’s artificial-intelligence opportunity over the next three years is ‘massive,’ RH soars on expectations of strong revenue growth, and Tesla ...