Intel lost over 60% of its value in 2024, the biggest drop in its 53 years as a public company. Broadcom’s stock price more than doubled.
Custom AI chips from Broadcom and others are gaining traction, expanding Big Tech companies' options beyond Nvidia.
For the full fiscal year 2024, Broadcom revenue jumped 44% from a year ago, to $51.57 billion in revenue, up 44%, though net ...
Broadcom became the eighth U.S. tech company to eclipse $1 trillion in market cap on Friday after the stock’s record gain.
Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Broadcom by 975.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET ...
CPU cores are the subscription-model billing units used by Broadcom. VMware generated 70% of its subscription business through the VMware Cloud Foundation private cloud bundle, Tan said.
FY2024 earnings report shows strong revenue growth, driven by custom AI chip demand, pushing its market cap past $1 trillion.