Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years. Shares of the Palo Alto, ...

(Reuters) - 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 ...

The Broadcom Limited company logo is shown outside one of their office complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike Blake/File Photo 13 Dec 2024 07:24PM ...

Representatives for Cupertino, California-based Apple and Palo Alto, California-based Broadcom declined to comment. Shares of Broadcom fell as much as 3.9 per cent to US$175.99 after Bloomberg ...

:Broadcom forecast its first-quarter revenue above Wall Street estimates on Thursday, betting on booming demand for its custom artificial intelligence chips and networking gear from cloud ...

Broadcom also issued a strong outlook for its fiscal 2025 first quarter and hiked its quarterly dividend by 11%. AVGO is already one of Wall Street's best dividend growth stocks, having hiked its ...

Broadcom shares surged in extended trading Thursday after the chipmaker reported better-than-expected earnings and issued a rosy outlook amid robust AI-driven sales growth. The stock sits poised ...

Shares of the computer chipmaker Broadcom Inc. made big gains in after-hours trading after the company reported a solid earnings beat and said its artificial intelligence revenue tripled from a ...

Broadcom Inc. reported earnings after the close Thursday. AI revenue continues to drive top line and earnings growth. Best-in-class margins and cash flow make AVGO stock worthy of a Buy. Analyst ...

Broadcom (NASDAQ:AVGO) jumped during early post-market trading Thursday after releasing its fourth quarter fiscal 2024 financial results, which featured record full-year revenue. For the quarter ...