Broadcom Stock Soars On Massive AI Chip Opportunity
Dec 13, 2024 · Broadcom (AVGO) stock rocketed Friday after the fabless chipmaker and infrastructure software provider forecast surging AI chip sales over the next three years.
Broadcom hits trillion-dollar valuation on lofty forecasts for AI ...
Dec 13, 2024 · Broadcom CEO Tan said on Thursday the company has won two major hyperscaler customers, after it brought in $12.2 billion in AI revenue for fiscal 2024.
Broadcom Rises As Top AI Chip Supplier After Nvidia, Thanks To …
Jun 6, 2024 · According to JPMorgan analyst Harlan Sur, Broadcom remains the global No. 2 AI semiconductor supplier behind Nvidia Corp (NASDAQ:NVDA). The analyst reiterated an Overweight rating on Broadcom...
Broadcom soars past $1tn as chipmaker projects ‘massive’ AI …
Dec 13, 2024 · Shares in the US-based group leapt 24 per cent after it said late on Thursday that its AI revenues surged 220 per cent in its 2024 fiscal year. The jump took its market capitalisation to $1.05tn,...
AI GPU clusters with one million GPUs are planned for 2027 — Broadcom …
Dec 13, 2024 · Broadcom predicts that three of its clients, among hyperscalers, will deploy AI supercomputers with one million XPUs in fiscal 2027.
Broadcom Valuation Soars Past $1 Trillion on AI Sales Boom
Dec 13, 2024 · (Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in demand for its...
Artificial Intelligence - Broadcom News and Stories
Nov 4, 2024 · Broadcom Unveils VeloRAIN, an Industry-First for Robust AI Networking Beyond the Data Center November 5, 2024
Broadcom Rocks At AI Event: Here's What Got These Analysts …
Mar 21, 2024 · Broadcom Inc (NASDAQ:AVGO) recently announced projections for AI chip sales for 2024. The company is among the beneficiaries of massive AI investments by corporations. It hosted an “Enabling...
Broadcom Valuation Soars Past $1 Trillion on AI Sales Boom - Bloomberg.com
Dec 12, 2024 · Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in demand for its artificial...
Broadcom’s AI-Fueled Forecast Triggers Biggest Rally Since 2020
(Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, rose as much as 16% in New York trading after delivering strong results and an upbeat forecast, lifted...