AVGO
NASDAQ · Semiconductors
Broadcom Inc.
$430.00
+17.44 (+4.23%)
AVGO News30 articles
Wall Street Hits New Highs on Tech Surge; Dow Flat Despite Jobs Data
The S&P 500 and Nasdaq hit record highs Friday, driven by AI and semiconductor stocks, while the Dow Jones barely budged after a solid jobs report.
POET Technologies Stock Rebounds Amid Securities Lawsuit and Marvell Fallout
POET Technologies shares rebounded 14.5% to $10.97 on Friday, even as a securities lawsuit over tax disclosures and cancelled Celestial AI orders moves forward with a June 29 lead plaintiff deadline.
Marvell Technology Drops 7% as AI Chip Rally Faces Key Earnings Test
Marvell Technology shares slid 7% as the AI chipmaker's rally hits a pause ahead of its May 27 earnings report, despite strong data-center demand and a $2 billion Nvidia investment.
Qualcomm Jumps 11% on Hyperscaler AI Chip Deal; Valuation Debate Intensifies
Qualcomm shares surged 11% after revealing a leading hyperscaler will receive its custom AI chips, sparking debate over the company's valuation.
Super Micro surges 19% on AI server outlook despite revenue miss
Super Micro Computer shares surged 19% after forecasting stronger-than-expected Q4 revenue and profit, driven by AI server demand, though revenue missed estimates due to delays.
Marvell's AI Rally Faces Key Earnings Test in May
Marvell Technology reports fiscal Q1 2027 earnings on May 27, testing its AI-driven stock rally. Investors eye Nvidia partnership and data-center revenue.
Semiconductor ETF SMH Rebounds on AI Demand, but Valuation Concerns Loom
SMH ETF rebounds as AMD's strong forecast boosts AI chip rally, but high valuations and potential demand slowdown remain risks.
AI Chip Surge Drives SMH ETF to Record Highs, But Valuation Concerns Loom
VanEck Semiconductor ETF (SMH) hit near-record highs as AI chip demand drove major holdings like Nvidia and TSMC. The fund's 140% annual gain raises valuation questions.
Nvidia Shares Slide as Big Tech Rivals Push Custom AI Chips
Nvidia shares dropped 4.6% as Alphabet and Amazon pushed their own AI chips, while AMD and Broadcom rose. Market questions who benefits from rising AI spending.
Marvell Technology Gains as Big Tech AI Spending Surges Past $700 Billion
Marvell Technology shares rose 3% as Big Tech AI spending hits $700 billion. Nvidia slipped 1.6% but invested $2 billion in Marvell and partnered on AI infrastructure.
AI Stocks Face Reality Check as Spending Surge Worries Investors
Meta Platforms dropped nearly 10% and Microsoft fell over 3% as rising AI capital expenditures overshadowed strong earnings, signaling a potential shift in investor sentiment.
Qualcomm Rises on Q2 Earnings Beat Despite Soft Forecast
Qualcomm shares rose after Q2 earnings beat, with adjusted EPS of $2.65. Despite a weak Q3 forecast due to memory supply issues, the company cited easing China smartphone slump and growth in auto and data center segments.
Big Tech Earnings Show AI Cloud Surge, but Spending Worries Weigh
Alphabet shares surged on strong cloud earnings, but Meta, Amazon, and Microsoft fell as investors weighed AI spending plans. The four firms are on track to invest over $600 billion in AI infrastructure.
Dow Drops for Fifth Straight Session as Oil Surge, Fed Decision Loom
The Dow Jones Industrial Average fell 320 points as traders braced for the Fed's rate decision, big tech earnings, and an oil shock from a potential Iran blockade.
AI Stocks Slide on OpenAI Jitters Ahead of Tech Earnings
AI stocks fell Tuesday after an OpenAI report on missed targets triggered declines in Oracle, CoreWeave, and chipmakers, ahead of earnings from major tech firms.
Nasdaq Slides on AI Jitters; Visa, Starbucks Rally in After-Hours Trading
U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off. In after-hours trading, Visa and Starbucks rallied on strong earnings, while oil prices climbed above $100.
Intel Stock Retreats from 26-Year High Amid AI Spending Concerns
Intel shares slipped 1% to $84.12, retreating from a 26-year high, as AI spending fears hit the chip sector. The Philadelphia SE Semiconductor Index fell 3.2% after OpenAI missed targets.
OpenAI Growth Concerns Weigh on Semiconductor Stocks Ahead of Big Tech Earnings
Chip stocks fell Tuesday after a report that OpenAI missed internal targets, raising concerns about AI spending. Nvidia, AMD, and Broadcom declined, while investors await Big Tech earnings.
Nvidia Stock Slips as OpenAI Growth Concerns Weigh on AI Sector
Nvidia shares dropped 1.8% Tuesday amid concerns over OpenAI's growth, pulling down AI stocks. Analysts debate whether the selloff signals real demand issues.
Big Tech Faces $600B AI Spending Reckoning as Earnings Loom
Alphabet, Microsoft, Meta, and Amazon report earnings Wednesday as investors gauge returns on $600 billion in annual AI spending. Nvidia and Broadcom remain key chip suppliers.
Meta's $125B AI Spending Test Looms as Analysts Eye $1,000+ Targets
Meta heads into earnings with $135B AI capex plan and analyst targets above $1,000. Investors watch for ad growth to fund massive infrastructure spending.
Marvell Stock Hits Resistance Near $170 as AI Chip Optimism Meets Caution
Marvell Technology shares have soared 125% in eight weeks on AI chip and optical networking deals, but the stock now faces resistance near $170 as some analysts urge caution.
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.
Cramer Advises Profit-Taking on IREN Ahead of Big Tech Earnings Deluge
Jim Cramer advises trimming positions in IREN after a sharp rally, calling the stock speculative but not issuing a sell. Shares fell 2.7% to $50.64 as Big Tech earnings loom.
Indian Markets Plunge 1,000 Points as Oil Surge, Weak Rupee Weigh on Sentiment
Indian markets tumbled as oil prices surged and the rupee weakened, dragging the Sensex down 1,000 points. IT stocks led losses, while Nasdaq AI stocks offer potential buying opportunities.
Nvidia Nears All-Time High as Vera Rubin AI Platform Fuels 2027 Demand Hopes
Nvidia shares surged 4.7% to $209.07, nearing record highs ahead of its May 20 earnings report, as investors eye demand for the upcoming Vera Rubin AI platform and cloud spending into 2027.
POET Rockets 27% on Marvell Order Hopes, AI Optics Frenzy
POET Technologies shares jumped 27% after the CFO mentioned a purchase order tied to Marvell, reigniting AI optics enthusiasm despite a thin revenue base.
Marvell Acquires Polariton Technologies to Advance Optical Chips for AI Data Centers
Marvell Technology acquires Polariton Technologies to enhance its optical chip lineup for AI data centers. Shares fell 2.1% to $162.01 early Friday.
MaxLinear Soars 23% on AI Optical Demand, Q2 Revenue Guidance Tops Estimates
MaxLinear reported Q1 revenue of $137.2M, up 43% YoY, and issued Q2 guidance of $160M-$170M, far above analysts' $137.1M estimate, fueled by AI data-center demand for optical chips.
Nvidia Gains as Google Unveils TPU 8 Chips, Backs Vera Rubin Platform
Nvidia shares climbed 1.3% premarket after Google unveiled its TPU 8 chips and committed to offering Nvidia's Vera Rubin NVL72 platform, with SK Hynix reporting surging AI memory demand.