Broadcom, which was known as Avago before it acquired the original Broadcom and inherited its brand in 2016, is more diversified. Its semiconductor division sells a wide range of
Broadcom achieved $51.6B in FY24 revenue, driven by VMware integration and 44% YoY growth. Click here to find out why AVGO stock is a Buy.
We recently compiled a list of the 12 Best Technology Stocks to Invest In for the Long Term. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other technology stocks.
Tax season is around the corner and in the mire of deadlines and regulations, there is another thing tax filers need to be vigilant about this year: AI voice telephone scams. Michael Scheumack, chief innovation officer at IdentityIQ,
Broadcom’s AI revenue surged, but its valuation is inflated. Learn why AVGO stock shows limited upside and may be due for a decline in the near term.
Nvidia supplies leading hyperscalers with AI chips, but Broadcom's latest sales figures may not bode well for the company.
The Microsoft CEO's claim about not being “chip constrained” has adversely affected investor sentiment for Nvidia. However, this development can prove beneficial for another high-flying semiconductor stock.
Semiconductor chip stocks, including Nvidia, AMD, Broadcom, TSM, STM, MRVL, MU, ARM, and SMCI surged ahead of CES, boosted by Microsoft's $80B AI investment and Foxconn's record revenue.
Broadcom reported sales of $14 billion in the quarter (which ended Nov. 3), an increase of 51% from the year-ago quarter and mostly on par with analysts' consensus estimates. The company's non-GAAP (adjusted) diluted earnings increased by 28% to $1.42 per share, sparking investor enthusiasm, considering Wall Street's average estimate was $1.38.
AI-related chip stocks sold off a bit during the last couple of weeks of 2024, but they got a lift Friday on signs of strong AI chip demand. On Monday morning, Hon Hai Precision (OTC: HNHPF), also known as Foxconn,
Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.
Nvidia is rolling out Blackwell, its next-generation AI chip architecture. Meanwhile, Broadcom is chasing what could be a $90 billion opportunity by 2027.