Broadcom jumps as $100 billion AI forecast signals gains in Nvidia-dominated market
By Joel Jose and Arsheeya Bajwa March 5 (Reuters) – Broadcom shares jumped more than 6% in premarket trading on...
Broadcom
Broadcom sees over $100 billion in AI chip sales by 2027 on robust custom chip demand
by Reuters
By Jaspreet Singh March 4 (Reuters) – Chip designer Broadcom on Wednesday projected its artificial intelligence chip revenue would exceed...
Exclusive-Broadcom expects to sell 1 million 3D stacked chips by 2027
by Reuters
By Max A. Cherney SAN JOSE, California, Feb 26 (Reuters) – Artificial intelligence chip designer Broadcom said that it expects...
Cisco unveils new AI networking chip, taking on Broadcom and Nvidia
by Reuters
SAN FRANCISCO, Feb 10 (Reuters) – Cisco Systems on Tuesday launched a new chip and router designed to speed information...
Fidelity settles lawsuit over access to 'business-critical' Broadcom software
by Reuters
By Nate Raymond BOSTON, Jan 23 (Reuters) – Fidelity Investments said on Friday it had reached an agreement to settle...
Wall Street ends lower; fears of AI bubble and inflation send investors away
by Reuters
By Sinéad Carew and Johann M Cherian Dec 12 (Reuters) – The S&P 500 and the Nasdaq closed down more...
Broadcom shares fall as margin warning sparks AI payoff worries
by Reuters
By Zaheer Kachwala and Joel Jose Dec 12 (Reuters) – Broadcom shares fell more than 11% on Friday after the...
Broadcom forecasts upbeat quarterly revenue on AI chip demand
by Reuters
By Juby Babu Dec 11 (Reuters) – Broadcom on Thursday projected first-quarter revenue above Wall Street estimates, betting that sustained,...
EU antitrust regulators erred in clearing Broadcom's VMware deal, cloud industry lobby says
by Reuters
By Foo Yun Chee BRUSSELS, Dec 11 (Reuters) – EU antitrust regulators failed to analyse properly the risks of Broadcom’s...
OpenAI taps Broadcom to build its first AI processor in latest chip deal
by Reuters
By Max A. Cherney and Arsheeya Bajwa (Reuters) -OpenAI has partnered with Broadcom to produce its first in-house artificial intelligence...