Broadcom’s stock bounces back on strong earnings and guidance powered by AI chip demand
The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker Marvell Technology Inc. only just delivered to expectations and fell sharply Thursday morning. Broadcom’s stock surged more than 12% after-hours.
Broadcom shares surge on strong revenue and AI outlook
Broadcom shares surged in after-hours trading on Thursday as the chip designer announced better than expected revenue and a confident outlook around artificial intelligence. The company, which designs custom AI chips and infrastructure for the biggest tech companies,
U.S. chip stocks were the biggest beneficiaries of last year's artificial intelligence investment craze, but they have ...
Traders offered servers containing the company’s Blackwell chips by routing them through third parties in nearby regions.
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Dell'Oro Group forecasts data center spending to reach $1 trillion by 2029, representing a compound annual growth rate of 21% ...
The site, in Abilene, Texas, is expected to house 64,000 of Nvidia's coveted GB200 semiconductors by the end of 2026.
Tharin Pillay is an editorial fellow at TIME, interested in how AI and other digital technologies are changing us. He is ...
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Intel is rising on a report that two leading AI names are running manufacturing tests using its chipmaking technology.
The request highlights the president’s challenging task of trying to boost U.S. businesses and limit China’s advances in ...
Singapore is investigating whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed ...
The debut of DeepSeek in early 2025 jolted the AI industry, triggering ripple effects across related sectors. Alibaba's Damo ...
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