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 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 ...
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Broadcom Inc. is poised for another bullish catalyst with its upcoming FQ4 2025 earnings, supported by robust AI infrastructure demand. AVGO's premium valuation is justified by accelerating AI ...
Nvidia is currently the dominant player in the AI infrastructure market, with its GPUs providing the muscle needed to run AI workloads. This dominance can be seen in its extraordinary growth over the ...
Broadcom (AVGO) stock plunged 11.4% in a single session, rattling investors as concerns mounted over AI-related revenue pressure on gross margins and a more subdued growth outlook for its AI business.
Broadcom commands a 45x forward P/E, its highest ever, driven by AI momentum and multiple expansion rather than underlying earnings growth. AVGO's AI semiconductor revenue surged 63% last quarter, ...
BofA Securities: Broadcom reported AI backlogs of $73 billion for the next six months, topping consensus of $69 billion, Arya said in the note. The company's backlog and order visibility continue to ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Yesterday we were watching whether Broadcom could sustain ...
Broadcom AVGO posted strong fiscal fourth-quarter results above guidance. Guidance for January-quarter artificial intelligence revenue was impressive, as was a new $11 billion AI chip order from ...
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 ...
Wall Street has been trying to figure out the mystery of Broadcom Inc.’s fourth major customer, and Mizuho analyst Vijay Rakesh has a theory. Broadcom AVGO disclosed last month that it had added a ...