Broadcom’s stock bounces back on strong earnings and guidance powered by AI chip demand
The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker Marvell Technology Inc. only just delivered to expectations and fell sharply Thursday morning. Broadcom’s stock surged more than 12% after-hours.
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.
Qualcomm's AI Hub is a one stop-shop for developers to optimize and deploy AI models on devices (specifically Qualcomm ones), ...
U.S. chip stocks were the biggest beneficiaries of last year's artificial intelligence investment craze, but they have ...
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Dell'Oro Group forecasts data center spending to reach $1 trillion by 2029, representing a compound annual growth rate of 21% ...
As data center processors from AMD and ARM continue eating into Intel's franchise, the chip giant promotes the lower TCO of ...
Singapore is probing whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia ...
Bitcoin mining stock analysts told Decrypt they're watching data center deals, energy costs, and fleet efficiency.
Broadcom shares rose after the chip maker said quarterly revenue jumped. Artificial-intelligence revenue jumped 77% from a ...
As manufacturer of most of the AI chips globally, TSMC’s sales are barometer for sector. Read more at straitstimes.com.
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