Broadcom (AVGO) posted Q1 revenue of $19.31B (up 29.5% YoY) with custom AI accelerator and networking revenue surging 106% to $8.4B and free cash flow reaching $8.01B. Qualcomm (QCOM) reported $12.25B ...

Amid customer dissatisfaction around Broadcom’s VMware takeover, rivals have been trying to lure customers from the leading virtualization firm. One of VMware’s biggest competitors, Nutanix, claims to ...

Broadcom (NASDAQ:AVGO) and Qualcomm (NASDAQ:QCOM) both reported earnings recently, revealing a sharp divergence. Broadcom is riding a hyperscaler AI wave that keeps accelerating whereas Qualcomm is ...

Broadcom is coming off new deal announcements with Google and Anthropic that some analysts think will help translate to meaningful financial upside. But Seaport Research analyst Jay Goldberg bucked ...

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Broadcom stock rose on Tuesday after the company announced an AI chip deal with Google. On the same day, Anthropic named Broadcom as a new partner to supply compute power. The developments are ...

Shares of Broadcom (NASDAQ: AVGO), a semiconductor designer, were rising today after the company said late yesterday that it will continue designing new artificial intelligence processors for Alphabet ...

Broadcom said it agreed to produce future versions of Google's artificial intelligence chips, The company also announced an expanded deal with Anthropic, giving the AI startup access to about 3.5 ...

Carahsoft Technology and Broadcom have secured a five-year, $970 million blanket purchase agreement from the Defense Information Systems Agency to consolidate cloud and software procurement and ...

What just happened? Broadcom's overhaul of VMware's cloud partner ecosystem has escalated into a formal antitrust battle in Europe. The trade group CISPE, representing cloud service providers across ...

Broadcom is expecting to generate a whopping $100 billion in AI chip sales in fiscal 2027. Meanwhile, it is expected to maintain its current semiconductor business's gross margins. That $100 billion ...