Broadcom's custom AI chips appeal to cloud companies as a cheaper option for high-volume AI work.

Broadcom forecast second-quarter revenue above Wall Street expectations on Thursday due to strong demand for its custom ...

By Zaheer Kachwala and Max A. Cherney (Reuters) -Broadcom CEO on Thursday assuaged investor worries about AI chip demand with ...

Q1 2025 Earnings Conference Call March 6, 2025 5:00 PM ETCompany ParticipantsJi Yoo - Head, IRHock Tan - President ...

The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker ...

Revenue from custom AI chips soars, with more potential customers in the pipeline.

But after Broadcom shares (AVGO) lost 6.3% in Thursday's regular session following a lack of meaningful upside from rival Marvell Technology Inc. (MRVL), they jumped about 14% in Thursday's ...

Broadcom shares jumped 9% Thursday postmarket after the company reported a surge in first-quarter revenue. The company’s revenue grew 25% from the prior year to $14.9 billion during the first quarter.

Nvidia stock dropped more than 3% early Thursday, leading other chipmakers down as fears over AI demand continued to weigh on the stocks.

The Dow, S&P 500, and Nasdaq fall Thursday as the stock market faces more turmoil from Trump tariffs ahead of the latest jobs data. The Nasdaq closes in 'correction' territory.

Explore concerns over AI infrastructure spending, market pressures, and Marvell Technology, Inc's potential with 800G PAM & ...

Broadcom logged a big jump in revenue for its fiscal first quarter, driven by its artificial-intelligence semiconductor and infrastructure software units, and guided for further growth in the current ...