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BROADCOM COMPETITION
Marvell shares jump 8% after chipmaker hands Google option to buy $12.2 billion stakeMarvell shares surged 8% after securing a Google agreement to develop custom AI chips and related technologies. Google received a warrant f...- Stocks waver on Wall Street while crude oil prices fall for the first time in a weekStocks saw a mixed close on Wall Street as oil prices declined after a week of gains. Major indexes experienced losses for the week due to ...
- Beyond Nvidia: The hidden winners of the AI investment boomThe real money in the AI build-out is being made where physical capacity can't keep pace with capital, argues Subho Moulik, Founder & CEO a...
- Dimon-led JPMorgan poised to become world's first $1 trillion bankJPMorgan Chase is approaching a monumental valuation of $1 trillion, marking a pivotal achievement for the financial institution. Its remar...
- China's DeepSeek developing its own AI chipThe chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for tra...
- Broadcom, Apple extend chip supply deal through 2031Broadcom has been a supplying key components to Apple for a very long time, including custom radio frequency chips used in iPhones, Wi-Fi ...
- Beyond Nvidia: Why AI giants like OpenAI, Google and Amazon are building custom chipsThe AI race is heating up as tech giants like OpenAI, Google, Amazon, and Microsoft design their own chips to optimize AI operations. This ...
- Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
- IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibilityIndia faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastru...
- 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...
- Broadcom sees revenue below estimates on weak enterprise spendingIn fiscal 2024, Broadcom expects revenue of about $50.0 billion including VMware's contribution. Analysts on average were expecting $52.50 ...
- Britain clears $61 billion Broadcom-VMware mergerThe Competition and Markets Authority last month gave its provisional approval to the deal announced in May 2022, and said on Monday that "...
- Broadcom's $69 billion VMware deal wins provisional UK clearanceBritain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the ...
- EU clears US chipmaker Broadcom's $61 billion VMware takeoverThe massive deal raised fears that it would stifle competition following its announcement in May 2022, prompting probes by antitrust watchd...
- Broadcom set to win EU nod for $61 billion VMware deal: reportThe European Commission's clearance is tied to remedies relating to Broadcom's interoperability with rivals that would address competition ...
- UK says Broadcom's $61 billion VMware deal could hurt server competitionBritain's Competition and Markets Authority (CMA) said on Wednesday the deal could dampen innovation and drive up the cost of computer part...
- Broadcom faces EU antitrust warning on $61 billion VMware dealThe Commission will set out its concerns in a statement of objections, the people said. Companies can subsequently ask for a closed hearing...
- Competition Commission of India clears Avago Tech's $37-billion acquisition of BroadcomCCI has given its nod to the USD 37 billion acquisition of Broadcom Corporation by chipmaker Avago Technologies Ltd.
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