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ADCT News30 articles
Broadcom Drops 3% as AI Chip Spending Concerns Weigh on Investors
Broadcom shares dropped 2.8% on Tuesday, as investor concerns about AI funding among its top cloud customers offset strong revenue growth and a bullish AI chip outlook.
Broadcom's Google AI Deal Gains JPMorgan Backing Amid Stock Dip
Broadcom shares slid to $396.72 as JPMorgan defended its Google AI chip contract, but concerns over customer concentration and a broader AI stock reset persist.
Broadcom Stock Rebounds Amid AI Chip Debate, Debt Buyback
Broadcom shares rebounded 4.7% to $411.35, recovering from a post-earnings selloff, as the market digests AI chip growth, missed revenue estimates, and a $3 billion debt buyback.
Broadcom Stock Dips 4% Despite $35B AI Deal with Apollo, Blackstone
Broadcom shares slid 4% despite a $35B AI infrastructure deal with Apollo and Blackstone, as investors weigh softer AI chip guidance and valuation risks.
AI Chip Selloff Persists Despite Broadcom's $35B Financing Initiative
AI chip stocks dropped again Tuesday, with AMD and Micron down 5.2%, Broadcom 2.3%, and Nvidia 1.2%, despite Broadcom's $35 billion AI financing launch.
Markets Reel After Jobs Shock and Broadcom AI Warning
US stocks plunged after stronger-than-expected May jobs data and weak AI chip guidance from Broadcom, but experts say the pullback is normal volatility.
Broadcom Rises as Chip Sector Rebounds; AI Demand Outlook Remains Uncertain
Broadcom shares rose 2.8% as chip stocks rebounded from a $1 trillion selloff, but the company's unchanged 2027 AI revenue forecast and Q2 revenue miss keep Wall Street cautious.
ASML Hits Record Market Cap in Europe; Broadcom Decline Highlights AI Risks
ASML set a new European market value record at $691.8 billion, fueled by analyst upgrades and AI chip demand. Broadcom's stock slumped as investors sought higher AI growth.
Broadcom Tumbles as AI Chip Forecast Falls Short of Lofty Expectations
Broadcom shares fell nearly 20% last week after its AI-chip revenue forecast fell short of Wall Street expectations, sparking a broad semiconductor selloff and raising doubts about AI stock valuations.
Tech Futures Slide on Broadcom Disappointment Ahead of Jobs Data
Nasdaq 100 futures dropped 0.9% after Broadcom's revenue miss and weak AI chip guidance, with S&P 500 futures also lower ahead of the May jobs report.
Broadcom Stock Slips After AI Revenue Forecast Misses Expectations
Broadcom shares fell after its AI chip revenue forecast of $16 billion missed Wall Street estimates, despite strong year-over-year growth.
Dow Hits Record as Oil Retreats, Healthcare Surges; Broadcom Disappoints
The Dow rose 1.60% to a record 51,496.83 as oil prices eased and hopes for an end to the Iran war lifted healthcare and financial shares, offsetting weakness in AI stocks led by Broadcom.
Dow rises as AI chip stocks stumble; Broadcom plunges 15%
Broadcom shares tumbled 15% after missing revenue expectations and holding its AI-chip sales forecast steady, dragging the Nasdaq lower and sparking a selloff in chip stocks.
Intel Stock Falls Despite Foxconn AI Deal; Chip Sector Hit by Broadcom Miss
Intel shares fell 3.71% premarket despite announcing an AI infrastructure deal with Foxconn, as the broader chip sector sold off following Broadcom's disappointing results.
Broadcom's AI Chip Miss Casts Doubt on Nvidia's Growth Trajectory
Broadcom's AI chip miss dragged Nvidia shares lower, as investors question whether Nvidia can sustain its rapid growth amid sky-high expectations.
Nasdaq Futures Dip as Broadcom's AI Revenue Miss Hits Tech Sentiment
Broadcom's disappointing quarterly revenue and AI outlook sent its shares down 12% premarket, dragging Nasdaq 100 futures lower as investors reassess lofty tech expectations.
Broadcom Stock Tumbles 11% as AI Chip Forecast Disappoints
Broadcom shares plunged 11% premarket after the chipmaker's AI chip forecast fell short of analyst expectations, despite record Q2 revenue of $22.19 billion.
Broadcom Plunge 13% After Hours Sparks Tech Selloff, Dow Drops 621 Points
Broadcom slid 13.7% after hours after missing Q2 revenue estimates and keeping AI-chip sales forecast unchanged, triggering a broader market decline with the Dow falling 621 points.
Broadcom's AI-Driven Rally Faces Earnings Reality Check
Broadcom reports earnings Wednesday after a $280 billion rally, with investors looking for AI revenue growth.
Broadcom Hits Record High on Google AI Deal and Strong Earnings Outlook
Broadcom shares hit an all-time high of $481.57, up 4.7%, after Alphabet's $80 billion AI equity raise and ahead of fiscal Q2 earnings. Options imply a 9% swing post-results.
Broadcom Rises Ahead of Q2 Results as AI Chip Demand Takes Center Stage
Broadcom shares rose 3% to $459.97 ahead of Wednesday's Q2 earnings, with options pricing a 9% swing. Analysts raised targets as AI chip and networking demand remain in focus.
Broadcom Hits Record High as AI Chip Demand Fuels Rally Ahead of Earnings
Broadcom shares hit a record $446.77, up 7.9% for the week, as investors await its June 3 fiscal Q2 report, a key test for AI chip demand.
Broadcom hits record high on $36B Anthropic AI chip deal
Broadcom shares surged to a record high of $448.44 on Friday following news of a $36 billion debt deal for Anthropic's AI chips, before settling at $434.48.
Broadcom Faces Key Earnings Test with Options Pricing 7.5% Swing
Broadcom options signal a 7.5% swing after June 3 earnings. Investors eye AI revenue and margins as the company shifts to custom silicon.
Broadcom's AI Chip Surge Faces Key Earnings Test in June
Broadcom shares fell 1.6% to $418.45 as UBS raised its price target to $490. The chipmaker's June 3 earnings will test whether custom AI chip demand can support its $2T valuation.
Broadcom Leads AI Chip Slide as Inflation Fears Resurface
Broadcom shares dropped 3.3% on Friday, leading a broad decline in AI chip stocks as rising oil prices and Treasury yields reignited inflation fears.
Broadcom Surges to Record High Ahead of Q2 Earnings on AI Optimism
Broadcom shares hit a record high above $439 Thursday ahead of its June 3 earnings report, driven by analyst upgrades and strong AI chip demand.
Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet
Broadcom's market value reached $2.11 trillion, surpassing Tesla, Meta, and Walmart, as its AI chip revenue soared 106% to $8.4 billion, driven by long-term deals with Google and Meta.
Broadcom's Custom AI Chip Surge Powers $2 Trillion Valuation
Broadcom reaches $2 trillion market cap on custom AI chip demand and Google TPU supply deal. Q1 revenue jumps 29%, AI semiconductor sales double to $8.4B.
Broadcom Soars on Google AI Chip Partnership, Nears All-Time High
Broadcom shares climbed sharply, approaching a record high after Google unveiled its latest AI chips, reinforcing Broadcom's critical role as a supplier. The company's AI revenue surged 106% last quarter.