AVGO
NASDAQ · Semiconductors
Broadcom Inc.
$318.29
-4.22 (-1.31%)
AVGO News30 articles
Nvidia's AI Momentum Tempered by Supply and China Concerns
Nvidia's stock remains 17% below its 52-week high as investors weigh robust AI demand against persistent supply chain bottlenecks and geopolitical risks in China.
AI Leaders Retreat as Oil Surges Past $100, OpenAI Courts Investors
Key artificial intelligence equities declined in early trading Monday amid a surge in oil prices and shifting expectations for Federal Reserve policy. OpenAI is actively soliciting private equity investment with attractive terms.
Nvidia Dips 3% as Macro Fears Overshadow Major Amazon AI Chip Order
Nvidia shares declined 3.1% on Friday, closing at $172.70, as broader market anxieties offset news of a significant AI chip agreement with Amazon. The company's market capitalization settled near $4.53 trillion.
Cisco Shares Dip Amid Tech Selloff, AI Narrative Overshadowed by Macro Fears
Cisco Systems shares declined alongside a major technology selloff, as investor focus shifted from AI partnerships to macroeconomic pressures including inflation and interest rates.
Intel Shares Dip Amid Broader Semiconductor Sector Weakness
Intel shares declined 1% in early Friday trading, reversing some of Thursday's gains as the broader semiconductor sector and Nasdaq faced pressure. The drop comes despite news of an expanded AI partnership with Versa.
Nvidia Gains Ahead of GTC as Investors Await AI Roadmap Details
Nvidia shares advanced Monday ahead of CEO Jensen Huang's keynote at the GTC conference, where details on new AI chips and inference strategy are anticipated.
Intel Attempts Recovery Amid Geopolitical Jitters and Legal Pressure
Intel shares edged higher in premarket trading Friday, attempting to recover from a nearly 6% plunge the prior session. The selloff was fueled by Middle East tensions spiking oil prices and a lawsuit challenging a 2025 government stake deal.
AMD Shares Slide Below $200 Amid Oil Shock, Meta's AI Chip Strategy
AMD shares dropped below $200 as tech stocks retreated amid an oil-driven market selloff. Meta announced new internal AI chips and confirmed a major AMD purchase, while CEO Lisa Su prepares for memory supply talks in South Korea.
Nvidia's $2B Nebius Stake Tests Stock as Meta Chip Ambitions Loom
Nvidia disclosed a $2 billion investment for an 8.3% stake in AI cloud provider Nebius, with shares hovering near $186. The move follows similar investments and comes as Meta announces plans to develop its own AI inference chips.
Nvidia Invests $2B in AI Cloud Firm Nebius Ahead of GTC Conference
Nvidia announced a $2 billion investment in AI cloud provider Nebius, keeping its stock price around $185. The move comes just before its GTC conference, where CEO Jensen Huang will outline the chipmaker's future strategy.
Cisco Integrates Splunk into Nexus Dashboard for AI Data Center Troubleshooting
Cisco Systems has embedded Splunk analytics directly into its Nexus Dashboard platform, providing real-time network fault detection and automated fixes for data center environments. The integration keeps sensitive telemetry data on-premises for compliance-focused customers.
Marvell's AI Revenue Forecast Fuels Stock Momentum
Marvell Technology shares advanced as the company outlined a robust long-term revenue target nearing $15 billion by fiscal 2028, driven by accelerating demand for its AI and optical connectivity solutions.
Broadcom's AI Ambitions Fuel Stock Surge as Revenue Forecast Tops $100 Billion
Broadcom shares gained after the company forecast its AI chip revenue could surpass $100 billion by 2027. First-quarter AI revenue more than doubled to $8.4 billion.
Oil Surge to $100 Rattles Markets, Delays Fed Rate Cut Bets
U.S. stocks declined Monday as a sharp rise in oil prices renewed inflation concerns, hitting airlines and banks. Chipmakers rebounded, leaving the Nasdaq nearly flat.
Nvidia's 3% Drop Sets Stage for Key Inflation, TSMC Data and GTC Conference
Nvidia shares declined 3% Friday as rising oil prices and a soft jobs report pressured growth stocks. The focus shifts to upcoming U.S. inflation data, TSMC's monthly sales, and Nvidia's GTC developer conference.
Microsoft's $409 Level in Focus as AI Demand Meets Inflation Test
Microsoft shares closed at $408.96, down slightly amid a broader tech sell-off. Investors are balancing positive AI demand indicators from partners like Broadcom against looming inflation data and macroeconomic concerns.
Broadcom's AI Surge Faces Market Test After Strong Outlook
Broadcom's AI revenue jumped 106% to $8.4 billion last quarter, with a new $10.7 billion target set for the current period. The chipmaker's stock will be tested as investors digest its aggressive growth forecast amid broader market declines.
Micron Stock Slumps Ahead of Key Earnings, AI Demand in Focus
Micron Technology shares dropped 6.7% on Friday, closing at $370.30, as investors look ahead to the company's March 18 earnings call for updates on AI-driven memory demand and competitive pressures.
Marvell Projects $15 Billion Revenue by 2028 on Surging AI Infrastructure Demand
Marvell Technology issued a bullish long-term forecast, projecting revenue could approach $15 billion by fiscal 2028, significantly above Wall Street expectations. The chipmaker's shares jumped 15% after it also reported strong quarterly results and guidance.
Broadcom Surges on $100B AI Chip Forecast and $10B Buyback Plan
Broadcom shares climbed nearly 5% in extended trading following strong quarterly results and an ambitious forecast for its artificial intelligence semiconductor business, coupled with a new $10 billion stock buyback authorization.
Broadcom Lifts AI Chip Forecast Past $100B, Shares Rally on Strong Outlook
Broadcom Inc. significantly increased its AI chip sales forecast for 2027 to over $100 billion, driving its stock higher. The company also reported strong first-quarter results and provided second-quarter revenue guidance that beat analyst expectations.
Credo Stock Rebounds on Broadcom's Copper Endorsement for AI Data Centers
Credo Technology Group Holding's stock climbed 9% to $111.94 Thursday, recovering from a 14.8% drop earlier in the week. The rebound followed Broadcom's endorsement of copper-based connections for AI data center racks.
Coherent Unveils 224Gbps Chip for AI Data Centers Ahead of OFC
Coherent Corp has introduced a high-speed 224Gbps quad-channel transimpedance amplifier designed for next-generation 800G and 1.6T optical transceivers in AI data centers. The company also debuted a new test instrument and will join the Bloomberg 500 index on March 12, following a $2 billion strategic investment from Nvidia.
Broadcom Surges on $100B AI Chip Forecast and $10B Buyback Plan
Broadcom shares climbed more than 4% following an ambitious AI revenue forecast and a substantial new share buyback authorization. The company also raised its near-term outlook.
Broadcom CEO's Copper Comments Trigger Selloff in Optical Networking Stocks
Corning shares dropped sharply after Broadcom's leadership indicated a slower-than-expected transition to optical links within AI server racks, favoring copper for near-term scale-up connections. The shift pushes the anticipated inflection for advanced optics technology further into the future.
Markets Eye Iran Conflict, Oil Prices; Bitcoin Surges on Regulatory Hopes
Stock futures held steady Thursday amid ongoing Middle East tensions, keeping oil prices and inflation risks in focus. Bitcoin rallied sharply, touching $74,000.
Marvell Technology Set for Post-Earnings Volatility Amid AI Infrastructure Focus
Marvell Technology shares edged higher premarket ahead of its quarterly report, with options pricing an 11% move. The chipmaker is expected to post revenue of $2.21 billion and adjusted EPS of 79 cents.
Astera Labs CFO Warns of Margin Pressure as Insider Sale Filed
Astera Labs' finance chief warned of a 200-basis-point gross margin headwind beginning in the June quarter, citing product mix shifts and an Amazon warrant. Meanwhile, the company's general counsel sold $1.17 million in shares under a pre-arranged trading plan.
CISA Mandates Federal Patch for Critical Broadcom VMware Flaw
U.S. cybersecurity authorities have mandated federal agencies patch a critical command-injection vulnerability in Broadcom's VMware Aria Operations software by March 24. Broadcom has released patches but cannot confirm reports of active exploitation.
Broadcom Shares Dip Ahead of Q1 Report Amid RBC Target Cut, AI Demand Scrutiny
Broadcom shares declined 1.6% to $313.84 Tuesday, with RBC Capital reducing its price target to $340 from $370 ahead of the chipmaker's quarterly results. The market is focused on AI infrastructure spending durability and VMware software growth.