Broadcom has reached a historic milestone, surpassing a US$1 trillion market valuation amid the rapid growth of the ...

That's because two additional hyperscale customers have selected Broadcom's custom AI processors for deployment. Its custom chips are already used by major cloud service providers that are looking to ...

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 ...

That outlook has triggered a host of upgrades on Broadcom stock from Wall Street analysts, including Timothy Arcuri of UBS, ...