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) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in demand for its ...

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 ...

Broadcom's (NASDAQ:AVGO) quarterly results may have topped estimates, but its guidance of up to $90B in revenue from custom artificial intelligence chips by 2027 seems to have sent Wall Street ...

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 ...

Analysts, however, have raised doubts about the amount of potential future business from Apple, one of Broadcom’s most significant wireless customers, as the iPhone maker works to design more of its ...

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 ...