Apple's "seasonal launch" was instrumental in lifting Broadcom's wireless revenue by 30% QoQ, bolstered by a 7% YoY increase in semiconductor content. Hence, Broadcom articulated that its ...
Bloomberg News reported earlier that Apple would start switching away from a key Broadcom wireless chip next year. However, Tan said Broadcom engaged highly with Apple on multiyear road maps for ...
Broadcom Inc, a chip supplier for Apple Inc and other big tech companies, rallied in premarket trading after predicting a boom in demand for its artificial intelligence (AI) chips. Sales of AI ...
Bloomberg News reported earlier that Apple would start switching away from a key Broadcom wireless chip starting in 2025. The iPhone maker has been replacing suppliers’ components with in ...
Apple has long worked on designing its own modems, and now it looks as if the company will also soon be switching to its own ...
Justin Sullivan / Getty Images Broadcom shares surged more than 20% in early trading Friday after the company reported strong results and said it sees a "massive" opportunity for sales growth tied ...
Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the way. The company's valuation hit $1 trillion on Friday as its shares ...
Broadcom becomes the ninth US company to achieve a $1 trillion market cap. Broadcom stock surged 21% on Friday after CEO Hock Tan gave bullish guidance. Hock Tan said on earnings call that the ...
US stocks jumped on Friday, with technology stocks leading the market higher after Broadcom's blowout earnings report. Broadcom stock soared 18% in Friday morning trades after the company said ...
B of A Securities: The rerating reflects Broadcom’s expanding custom-chip (ASIC) AI, surging AI opportunity, and potential to maintain a position at large wireless customer Apple. Near-term ...
Apple Inc’s (NASDAQ:AAPL) upcoming switch to in-house chips for Bluetooth and Wi-Fi connections from 2025 will likely impact its partner Broadcom ... to go online via wireless networks, pair ...
Although Broadcom just divided its shares 10-for-1 in July, taking them from $1,700 a stub down to $170, there is another looming just over the horizon. A stock is more than just its price Thinkstock ...