A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration By Zaheer Kachwala and Max A. Cherney ...

Broadcom shares rise 6%, boost chipmaking peers Company's rosy forecast a positive sign for weakening AI rally Demand for custom AI chips, software growth driving strength March 7 (Reuters ...

KeyBanc analyst John Vinh maintained a Buy rating on Broadcom (AVGO – Research Report) today and set a price target of $275.00. See what stocks are receiving Strong Buy ratings from top-rated ...

March 6 (Reuters) - Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted about new potential customers that could boost revenue ...

Bottom line: Broadcom's acquisition of VMware has yielded impressive financial results, according to the company's recent quarterly earnings report. For the quarter ending February 2, Broadcom ...

Broadcom reported first-quarter revenue of $14.92 billion, beating estimates of $14.61 billion. AI revenue surged more than 77 per cent to $4.1 billion on strong adoption of its custom-made ...

Broadcom CEO Hock Tan said the company expects revenue of $4.4 billion in the second quarter for its AI semiconductors as hyperscale customers invest in custom AI chips for data centers.

Broadcom's shares soared 12 per cent in premarket trading on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector ...

Broadcom's shares have fallen more than 20% so far this year, after doubling in 2024. The broader Philadelphia Semiconductor index is down about 10% so far in 2025, after gaining nearly 20% last ...

Truist Financial analyst William Stein maintained a Buy rating on Broadcom (AVGO – Research Report) today and set a price target of $267.00. See what stocks are receiving Strong Buy ratings from ...

Since the takeover, Broadcom has laid off more than half of VMware's employees. The developer of virtualization software currently has around 16,000 employees. This was reported by the US business ...