UBS raised its price target for Broadcom Limited ( AVGO, Financial) from $270 to $220 on Monday and reiterated a BUY rating.
Complex data center workloads like training machine learning models and running artificial intelligence (AI) applications ...
Oracle Corp., IBM Corp. and Alibaba Group Holding Ltd. Given that awareness, Netflix claims, Broadcom and VMware were engaged in “willful infringement,” and it asked the court to have Broadcom ...
Broadcom's quarterly report suggests that the demand for alternative AI chips such as ASICs is increasing rapidly. Nvidia dominates the market for AI GPUs so the emergence of other types of chips to ...
No such tools exist for ASICs. That means deploying custom chips requires a high degree of technical expertise, which means Broadcom's customer base is limited. Additionally, companies that ...
Broadcom finished fiscal 2024 (which ended ... Moreover, Nvidia's data center opportunity isn't just limited to AI. The transition to accelerated computing means that the company is sitting ...
Arm Holdings' financial performance shows solid revenue growth but unstable free cash flow and margins. Read what makes ARM ...
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A recent report by The Information suggests that OpenAI has internally discussed developing its own line of humanoid robots.
In response, China has ramped up imports in a bid to stockpile semiconductors before the sanctions take full effect.
However, Broadcom (NASDAQ: AVGO) will be looking to challenge the chipmaker in 2025. Both stocks have had strong runs in 2024, with Nvidia's stock up over 170% year to date as of this writing and ...