Broadcom maintains a leading position in AI semiconductors, benefiting from technology leadership, scale, and a robust customer base. Concerns over margin compression from product mix are overstated; ...
Broadcom (AVGO) reported Q4 revenue of $18B with AI semiconductor revenue up 74% to $6.5B. Broadcom stock dropped 21% post-earnings despite beating estimates. Broadcom’s AI revenue is expected to ...
Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. If you’re ...
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, ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
(Bloomberg/Dina Bass) — Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, fell by the most in eight months after its sales outlook for the red-hot market failed to meet ...
Broadcom’s shares plummeted by more than 10% Friday despite the chipmaker reporting quarterly revenue and earnings that surpassed Wall Street’s expectations, after CEO Hock Tan provided an outlook for ...
🔎 Broadcom (AVGO): Shares in the Nvidia rival rose 3% afterhours following the company reporting rapid revenue growth as demand continues to rise for custom chips to fill the data centers that power ...
Dec 11 (Reuters) - Broadcom (AVGO.O), opens new tab projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and ...
Broadcom said in a September call that it had signed a customer that had placed a $10 billion order for custom chips. On Thursday, CEO Hock Tan revealed that the mystery customer was Anthropic.
Call it the "Oracle Effect." Broadcom (AVGO) reported strong fiscal fourth-quarter earnings after the market closed yesterday, but the stock is falling 5% in premarket trading this morning as ...