Broadcom’s steepest three-day drop in over five years has the chip maker falling down the ranks of the largest U.S. companies. Shares of Broadcom AVGO lost 5.6% on Monday, capping a 17.7% three-day ...

Broadcom shares started the week with more declines, following last week's selloff. Shares in the chipmaker dropped 5.6% Monday, following the sharp fall Friday in response to the company's earnings ...

Broadcom experienced an 11% single-day drop, but unlike Oracle, this is not driven by fundamental concerns. AVGO's fundamentals remain robust, with strong cash flow conversion and manageable debt, ...

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Q4 revenue reached $18.02B and Q1 guidance of $19.1B beat estimates despite shares falling 4.4% on margin concerns. CFO guided Q1 gross margins down 100 basis points due to higher AI revenue mix and ...

Broadcom’s custom chip and AI-related businesses continue to surge, with the vendor touting a significant chip deal and expansion with Anthropic and a new unnamed customer, and Broadcom sitting on a ...

Broadcom is rapidly scaling its custom AI chip business, with CEO Hock Tan detailing a US$73 billion AI backlog, major new ASIC customers, and multi-billion-dollar XPU orders. The company expects to ...

Broadcom (AVGO) reports fiscal Q4 results with AI now over half of semiconductor revenue. Broadcom secured over $10B in AI rack orders from a fourth customer. Analysts expect 35.7% revenue growth in ...

Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, slumped after its sales outlook for the red-hot market failed to meet investors’ lofty expectations. The shares fell ...

Nvidia and Broadcom are in a battle over GPUs versus custom ASICs for AI workloads. Nvidia is the clear market leader in chips for AI infrastructure. Broadcom has a huge opportunity with custom AI ...

Here’s what could happen to Broadcom shares next. Broadcom stock gained 61% in six months. Analyst Vivek Arya reset his price target on Broadcom stock. Bank of America revamped its sales estimates for ...

Broadcom Inc (NASDAQ: AVGO) is gaining momentum in the artificial intelligence accelerator race thanks to Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) Google's push to scale Tensor Processing ...