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Broadcom Forecasts $230 Billion AI Chip Revenue by Fiscal 2028, Challenging Nvidia's Dominance

Broadcom Forecasts $230 Billion AI Chip Revenue by Fiscal 2028, Challenging Nvidia's Dominance

Broadcom Forecasts $230 Billion AI Chip Revenue by Fiscal 2028, Challenging Nvidia's Dominance
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Broadcom Stock Fluctuates Despite Strong Q3 Earnings and AI Revenue Growth

Broadcom Stock Fluctuates Despite Strong Q3 Earnings and AI Revenue Growth

Broadcom Stock Fluctuates Despite Strong Q3 Earnings and AI Revenue Growth
Reuters Reuters
Morning Bid: Labor days

Morning Bid: Labor days

By Mike Dolan Sept 3 (Reuters) - Some calm has returned to world markets over the past 24 hours as oil prices steadied and the angry bond market cooled down a bit.
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Broadcom Forecasts Explosive AI Chip Growth, Projecting $230 Billion Revenue by Fiscal 2028

Broadcom Forecasts Explosive AI Chip Growth, Projecting $230 Billion Revenue by Fiscal 2028

Broadcom Forecasts Explosive AI Chip Growth, Projecting $230 Billion Revenue by Fiscal 2028
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AMD Stock Slips 2% Following Broadcom's Disappointing Guidance and Margin Concerns

AMD Stock Slips 2% Following Broadcom's Disappointing Guidance and Margin Concerns

AMD Stock Slips 2% Following Broadcom's Disappointing Guidance and Margin Concerns
Reuters Reuters
Wall Street rallies as Fed's Waller eases rate hike fears

Wall Street rallies as Fed's Waller eases rate hike fears

By Stephen Culp and Niket Nishant NEW YORK, Sept 3 (Reuters) - Wall Street advanced on Thursday as investors curbed their rate hike bets after U.S.
Reuters Reuters
Broadcom forecasts quarterly revenue below estimates

Broadcom forecasts quarterly revenue below estimates

Sept 2 (Reuters) - Broadcom forecast quarterly revenue below Wall Street estimates on Wednesday, signaling intense competition could hamper gains from its custom processors.  Shares of the Palo Alto, California-based company were down over 3% in extended trading.
Reuters Reuters
Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks

Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks

Sept 2 (Reuters) - Broadcom on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech's appetite for AI infrastructure remains undiminished as investors scrutinize returns on massive spending.
Reuters Reuters
Wall St set to snap three-day losing streak as stocks reclaim some shine

Wall St set to snap three-day losing streak as stocks reclaim some shine

By Stephen Culp and Niket Nishant NEW YORK, Sept 2 (Reuters) - Wall Street gained ground on Wednesday in a partial rebound from a three-day losing streak as investors searched for deals among stocks and sectors that might have been oversold amid recent risk-off moves.
TheStreet TheStreet
New Nvidia deal sends critical signal to one global tech giant

New Nvidia deal sends critical signal to one global tech giant

Nvidia just made its biggest direct bet outside the U.S., and MediaTek is the reason why.
Reuters Reuters
Dell again lifts annual forecasts as AI demand powers record results

Dell again lifts annual forecasts as AI demand powers record results

By Jaspreet Singh Sept 1 (Reuters) - Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers. Dell's shares rose 7% in extended trading.
TheStreet TheStreet
Marvell’s $120B AI deal came with an unexpected catch

Marvell’s $120B AI deal came with an unexpected catch

Marvell just learned why a huge AI deal may not be enough.