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BROADCOM AI PROCESSOR
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...- Marvell to join S&P 500 after AI boom helps chipmaker pass profitability testThe company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on June 22. Marvel...
- US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest...
- Broadcom set to shed $300 billion in value as AI results fail to impressBroadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip compani...
- Broadcom's second-quarter revenue misses estimates as competition bitesSecond-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphic...
- Intel bets big on AI infrastructure with new Xeon chipsIntel has unveiled new data center products. This includes the next-generation Xeon 6+ processors and advanced AI accelerators. These innov...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecastQualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarte...
- US Stocks: Marvell shares jump 5% on report of deal talks with Google to develop two AI chipsMarvell Technology's shares jumped nearly 5% on Monday following a report that Alphabet's Google is in talks with the chip designer to deve...
- Marvell shares gain on report of deal talks with Google to develop two AI chipsThe potential deal could involve two distinct chips: a memory processing unit to complement Google's tensor processing unit and a new TPU ...
- Meta extends custom chips deal with Broadcom to power AI ambitionsAs part of the deal, Broadcom CEO Hock Tan would leave Meta's board and move to an advisory role on its custom chip strategy, the companies...
- Intel’s $100 billion April rally makes it market’s hottest stockIntel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string of ...
- INTC soars 51% in April, adds $100 billion – what's driving Intel stock rally and why analysts are cautiousINTC stock analysis: Intel stock has surged 51% in eight sessions, adding over $100 billion in market value, driven by a $14.2 billion plan...
- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- Anthropic ropes in Microsoft executive Eric Boyd to lead infrastructureAnthropic has hired former Microsoft executive Eric Boyd to lead its infrastructure team as demand for its AI tools grows. The company’s re...
- Broadcom signs long-term deal to develop Google's custom AI chipsBroadcom said on Monday it has signed a long-term agreement with Google to develop and supply future generations of custom artificial intel...
- Broadcom taps Alphabet executive Amie Thuener as next CFOUS chip designer Broadcom on Thursday named Alphabet executive Amie Thuener as its next finance chief, effective June 12, when incumbent Ki...
- US Stocks: Broadcom shares rise as $100 billion AI forecast signals gains in Nvidia-dominated marketBroadcom shares rose nearly 3% on Thursday after the company predicted over $100 billion in AI chip sales next year, signaling rapid share ...
- Broadcom rises as $100 billion AI forecast signals gains in Nvidia-dominated marketBig Tech firms such as Alphabet, Microsoft , Amazon and Meta are expected to spend at least $630 billion to build AI infrastructure this ...
- Broadcom launches new Tomahawk Ultra networking chip in AI battle against NvidiaThe new chip is the latest piece of hardware that Broadcom has brought to bear against rival AI giant Nvidia. Broadcom helps Alphabet's Goo...
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