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BROADCOM REVENUE ESTIMATES
Asia tech selloff is a buying opportunity, says Manishi Raychaudhuri; but India has a problem to fix firstAsian markets saw a sharp sell-off in tech stocks this week. Investor Manishi Raychaudhuri views this as a buying chance. India's market fa...
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...
Arm forecasts higher-than-expected revenue on surging AI data center demandArm Holdings anticipates higher first-quarter revenue, boosted by strong demand for its AI chip technology. However, the company has not ye...
Qualcomm rises on smartphone rebound hopes, data-center chip pushQualcomm anticipates lower third-quarter earnings but sees a smartphone market rebound. The chip giant is also entering the data center mar...
Why US stock markets crashed today, and Nasdaq, S&P 500 and Dow Jones in red now? US stocks fall as AI worries, oil surge and Fed signals hit marketsWhy US stock markets crashed today, and Nasdaq, S&P 500 and Dow Jones in red now? US stocks ended lower as AI growth fears, oil price surge...
US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
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...
US stocks today: S&P 500, Nasdaq gain on tech boost after inflation data; Mideast tensions in focusU.S. stocks edged higher as tech shares gained, with the S&P 500 and Nasdaq posting modest increases. Inflation data met expectations, whil...
Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027Broadcom shares jumped about 7% before the bell on Thursday after the company said it expects artificial intelligence chip sales to top $10...
Broadcom forecasts fourth-quarter revenue above estimatesBroadcom has been one of the biggest beneficiaries of the generative artificial intelligence boom with hyperscale customers, including Goog...
Broadcom rides on AI chip demand to deliver upbeat revenue forecastBroadcom, a key player in the AI hardware ecosystem, helps design custom processors that are highly specialized integrated circuits designe...
Broadcom shares surge as solid forecast eases demand worries for AI chipsBroadcom is seeing red-hot demand for its custom artificial intelligence chips from cloud computing companies looking for an alternative to...
Broadcom forecasts Q1 revenue above estimates on strong AI chip demandBig tech has been vying to reduce its dependence of pricey, supply-constrained AI processors made by front-runner Nvidia , helping Broadcom...
Broadcom sees $10 billion in AI chip sales in 2024, but shares dipBroadcom expects significant revenue from AI chips. Custom AI chip business is expected to grow with major clients like Google and Meta Pla...
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 ...
Broadcom forecasts quarterly revenue below expectations on broader demand weaknessSoft enterprise demand, coupled with slower-than-expected recovery in consumer electronics markets such as smartphones, has also taken a to...
Broadcom forecasts third-quarter revenue above estimates on AI boostBroadcom supplies chips used in data centers for networking and specialised chips that speed up AI work. It released a new chip for wiring ...
Broadcom looks to defy chip slowdown on data center, wireless strengthBroadcom may experience some weakness in demand in the upcoming quarters as enterprise, cloud and service providers are likely to moderate ...