Broadcom's strong 3Q24 results and substantial pullback present a compelling contrarian buying opportunity, especially for dividend-growth investors. The company enjoys enormous sales momentum and ...

By Nico Grant and Lauren Hirsch Since its attempt to buy the U.S. chip maker Qualcomm was blocked in 2018, Broadcom has diversified the types of companies it buys. By Lauren Hirsch and Don Clark ...

Broadcom (NASDAQ: AVGO) stock is climbing higher in Tuesday's trading. The company's share price was up 5.2% as of 2 p.m. ET, according to data from S&P Global Market Intelligence. Broadcom stock ...

Broadcom expects AI semiconductor revenue to rise from $7.5B to $12B in fiscal 2024. Ethernet will remain the AI networking protocol for hyperscalers, says Broadcom President. Goldman Sachs ...

Broadcom (NASDAQ: AVGO) has emerged as a key player in the artificial intelligence races, perhaps second only to Nvidia in terms of the benefit and uplift from the AI infrastructure buildout.

Broadcom has positively revised its fiscal 2024 AI semiconductor revenue outlook from $7.5 billion at the beginning of fiscal 2024 to $12 billion as of last week, Hari cited Dr. Kawwas.

Broadcom is experiencing year-over-year revenue growth in the double digits. The company’s acquisition of VMware is a key factor in its AI strategy. Broadcom’s AI-related business is booming ...

Broadcom is a diversified tech company with exposure to cybersecurity, virtualization software, custom semiconductors, Ethernet switches and networking chips, and AI. The company expects to ...

Broadcom AVGO is set to report its third-quarter fiscal 2024 results on Sep. 5. The Zacks Consensus Estimate for revenues is pegged at $12.9 billion, suggesting growth of 45.36% from the year-ago ...

Much of Broadcom Inc.'s rally this year has been buoyed by market confidence in its competitive advantage in custom ASICs and networking solutions, which are critical in AI infrastructure.

Broadcom Inc AVGO topped estimates with infrastructure solutions revenue but came short on the semiconductor solutions front. With its latest results, the supplier of Apple Inc AAPL showed ...