Find the latest for Broadcom company news
The artificial intelligence (AI) trend has provided an intense tailwind for tech stocks in recent years, propelling the likes of Nvidia and Meta Platforms into the trillion-dollar club with Apple, Microsoft,
Marvell Technology's CIO Nishit Sahay has driven value from creative use of the cloud, data and AI to help fuel the company's growth.
The threat of tariffs looms over many companies because they make anything imported more expensive. If that is the only source for products, then consumers or businesses may hold out on purchasing them to wait out tariffs in the hope that they will be reduced.
Broadcom's share price rose by as much as 14% in extended trading, after the firm reported healthy demand for its custom AI chips.
Qualcomm is a global tech leader in wireless connectivity, AI, and IoT, but relies heavily on major customers like Apple, Samsung, and Xiaomi. Read more about QCOM stock here.
Solidigm extends deal with Broadcom to use high-capacity SSD controllers for AI and data-intensive workloads. Broadcom stock surged 92% in the last 12 months.
Read here for highlights on Marvell Technology's AI revenue targets and growth prospects, which make it an attractive investment opportunity for investors.
Billionaire Stanley Druckenmiller of Duquesne Family Office outperformed the S&P 500 (SNPINDEX: ^GSPC) by 50 percentage points during the last three years. Billionaire Steven Cohen of Point72 Asset Management outperformed the S&P 500 by 30 percentage points during the last three years.