AVGO
NASDAQ · Semiconductors
Broadcom Inc.
$423.10
+4.82 (+1.15%)
AVGO News30 articles
Nvidia Gains $235B Market Edge Over AMD After SpaceX AI Endorsement
Nvidia shares climbed after SpaceX named it the exclusive AI infrastructure provider, widening its market cap advantage over AMD by roughly $235 billion.
Broadcom Surges 7% on AI Deals, But Financing Questions Loom
Broadcom shares rose 7% on AI deal momentum, but $128B in purchase commitments raise financing and cash flow questions as Q3 earnings approach.
VTI Rises 2% as AI Rally Broadens Beyond AMD
VTI advanced 2% as AI and semiconductor stocks rallied broadly. AMD's 9% surge contributed only a small portion of the fund's gains, with other tech names leading.
Marvell Stock Jumps 11% on AI Memory Expansion, Optics Rally
Marvell (MRVL) shares rose 11% after unveiling new AI-memory products, boosting market value by $19.9B. The rally also lifted optics peers on reports of possible US restrictions on Chinese transceivers.
Alphabet's AI Chip Financing Edge Narrows Cost Gap by 220 Basis Points
Alphabet's $43.8 billion credit backstop enables Google-backed data centers to borrow at 7.1% vs. 9.3% for Nvidia-based projects, a 220-basis-point edge. GOOGL shares up 4.9%.
Nvidia's $143B Surge Tests AI Spending Conversion
Nvidia shares jumped 2.9% Monday, adding $143B in market value, as investors found reassurance in cloud spending. AMD reports Tuesday, and Nvidia's August 26 results will test whether capex converts to revenue.
Nvidia's Cash Flow Dominance Shines as Goldman Downgrades Broadcom
Nvidia's robust growth and cash generation stand out as Goldman Sachs drops Broadcom from its top picks. AMD and Micron face valuation and supply concerns.
Nvidia's Forward P/E Drops 22% Despite Rising Estimates
Nvidia's forward P/E has dropped 22% to 22.3x, even as EPS estimates rose 8.8%. Shares are near $201, with strong client capex but mixed cash flow signals.
Nvidia Closes Above $200 as Amazon's AI Spending Surge Boosts Chip Demand
Nvidia closed at $200.75, up 2.9%, as Amazon's $220B capex plan underscores AI demand. Data centers drove 92.1% of Nvidia's quarterly revenue.
Marvell Stock Surges 21% on Hyperscaler AI Spending Boom
Marvell (MRVL) shares surged 21% after Amazon raised its 2026 capex forecast to $220 billion, underscoring robust AI spending by hyperscalers.
NVIDIA Rebounds as AI Sector Faces Cash Flow Scrutiny
NVIDIA stock recovers in premarket trading amid investor focus on AI-related cash flow, following mixed earnings from Microsoft and Meta.
Samsung Plunges 13% as Broadcom Deal Tilts Toward Memory Chips
Samsung shares tumbled 13.4% after its $200 billion Broadcom partnership was disclosed as heavily skewed toward memory, disappointing investors expecting a larger foundry win.
Nvidia Shares Rise on $1B Naver Deal Boosting AI Infrastructure
Nvidia shares rose 1% in premarket trading Monday after a $1 billion deal with Naver expanded its sovereign AI project pipeline, with potential for up to $9 billion in additional funding.
Cisco Surges Past Nasdaq Despite Light Volume
Cisco (CSCO) closed at $114.17, up 1.25% on Friday and 2.0% for the week, outperforming the Nasdaq by 4.1 points. However, trading volume was 33% below average, questioning the rally's sustainability.
Marvell Gains for Week Despite Friday's 7% Drop, AI Sentiment Remains Key
Marvell Technology (MRVL) closed Friday at $194.23, down 7.21%, but still gained 2.9% for the week. The decline erased about $13.2 billion in market value.
Micron Rises 8.5% Weekly Amid Cloud Revenue Surge and Big Tech Spending
Micron shares gained 8.5% for the week to $920.95, driven by strong cloud memory revenue and increased tech spending, despite a 7% drop on Friday.
MaxLinear Stock Dips 11% Despite Q3 Guidance Beat
MaxLinear (MXL) dropped 11.2% after hours despite Q3 revenue guidance of $215 million, beating estimates by 23.6% and showing strong margin improvement.
AI Spending Gap Widens: Tech Giants' Cash Burn Outpaces Chip Suppliers
Four top AI infrastructure buyers lost $566B on Thursday as cash burn widened the performance gap with chip suppliers like Nvidia and AMD.
Nvidia Gains $116B in Value as AI Spending Surges and Rivalry Heats Up
Nvidia gained $116B in market cap as Alphabet raised its AI capex forecast and AMD landed a major AI chip deal, highlighting both surging demand and rising competition.
Cerebras Shares Jump 17% as AI Chip Rally Meets Heavy Short Interest
Cerebras shares surged 17% on Tuesday, leading AI chip gains, as short interest stood at 16.9% of float. The stock remains 33.6% below its IPO close.
Chip Stocks Recover Some Ground After Steep Weekly Drop, But Focus Shifts to Earnings
Semiconductor stocks recover slightly after a 10% weekly drop. AMD gains on Azure deal but retains only 20% of peak gains. Market focus shifts to earnings.
SPMO's 2026 Lead Over SPY Narrows Amid Momentum Shift
SPMO's 21.11% year-to-date gain tops SPY's 9.58%, but a recent losing streak narrowed the advantage, underscoring momentum risk and heavy tech exposure.
Chip Stocks Fuel SOXX Rebound, Driving VGT's Early Rally
A handful of chip stocks drove a rebound in the semiconductor sector, accounting for nearly all of the early gains in two major ETFs.
Nvidia Holds Ground as Chip Sector Slides, Signaling Rotation
Nvidia stock edged up 0.5% in premarket trading Monday after a 3.9% weekly drop, outperforming the PHLX chip index's 10% fall.
AI Platform Stocks Seen as Next Growth Phase After Nvidia's Run
As semiconductor stocks enter correction, AI platform operators may deliver the next upside surprise, with Alphabet's earnings on July 22 as a key test.
Broadcom Bounces Back After VMware Deal Boosts Margins
Broadcom shares rebounded 0.5% after an early 4.4% decline, buoyed by strong software margins from the VMware acquisition and a new contract with Standard Chartered.
AMD Shares Tumble 5.3% on Valuation Worries, Despite Strong Chip Demand
AMD shares fell 5.3% on Thursday, losing $46 billion in market cap, as valuation worries persisted despite strong chip demand. The stock's trailing P/E of 164 dwarfs Nvidia's 32.
Nvidia Dips as Japan's GPU Target Spurs Demand Growth Questions
Nvidia shares slid on Thursday as Japan's plan to buy 27,500 GPUs by 2028 sparked fresh debate about the trajectory of AI chip demand, with the order equating to roughly 1.5% of analyst shipment estimates.
Wall Street Edges Higher Despite Deepening Chip Sector Rout
U.S. stocks closed higher Wednesday, but a steep drop in chip stocks masked a broad sector rotation. The S&P 500 rose 0.36%, while the PHLX Semiconductor Index fell 2.31%.
Nvidia Lags Chip Sector by 65 Points Amid Stricter Asia Sales Reviews
Nvidia shares are underperforming the broader chip index by over 65 points as tighter sales reviews in Asia raise concerns about revenue growth.