In 2024, the U.S. tech sector had a tumultuous year for semiconductor companies, with Nvidia and Broadcom succeeding in AI ...
So, Broadcom is likely to remain a top semiconductor stock going forward thanks to its sunny prospects in AI and a potential recovery in other markets. But is it worth buying this chipmaker over AMD ...
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.
In addition to that, Broadcom also expects its non-AI semiconductor business to recover "at a mid-single-digit growth rate, following a cyclical bottom in 2024", so leaning on today's low base the ...
The AI economy is minting new royalty in American business—and Nvidia is not the only one wearing a crown. Fellow chipmaker ...
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.
Broadcom became the eighth U.S. tech company to eclipse $1 trillion in market cap on Friday after the stock’s record gain.
FY2024 earnings report shows strong revenue growth, driven by custom AI chip demand, pushing its market cap past $1 trillion.