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The Latest Breaking News from AVGO

As Broadcom Wins a New AI Customer, Is AVGO Stock a Buy Now?

Over the past 12 months, Broadcom stock has surged significantly, driven by strong demand for the company’s AI semiconductors.

Barchart

Down 7% in the Past Month, Should You Buy the Dip in Nvidia Stock Today While You Still Can?

Nvidia stock pulled back after Broadcom said its XPUs are gaining traction among hyperscalers. Citi recommends loading up on NVDA shares on the dip.

Barchart

Broadcom Ramps Up AI Ambitions With High-Stakes OpenAI Deal

Broadcom (NASDAQ:AVGO) has evolved from a smartphone component supplier into a major player in artificial intelligence chips and networking solutions, capitalizing on rising demand from tech giants building large-scale data centers. The stock gained attention Monday following reports of its partnership with OpenAI.

Benzinga

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Options Corner: Why Nvidia's Red-Stained Chart May Be Good News For Contrarian Investors

Both history and folklore are replete with accounts of circumstances looking incredibly grim — until an unexpected catalyst delivers a much-needed reprieve. Investors of semiconductor giant Nvidia Corp (NASDAQ:NVDA) will be hoping for just such a turnaround. While the company has practically been synonymous with the remarkable rise of artificial…

Benzinga

Broadcom Stock Is Trading Higher Friday: What's Going On?

Broadcom Inc. (NASDAQ:AVGO) shares are trading higher Friday after the company reported better-than-expected third quarter financial results and issued fourth quarter sales guidance above estimates on Thursday.

Benzinga

Nvidia's Empire Just Took A Hit - Broadcom's $10 Billion Deal Is The Plot Twist

For years, Nvidia Corp (NASDAQ:NVDA) has been the undisputed king of AI hardware, but OpenAI just threw a curveball. The ChatGPT maker has inked a $10 billion deal with Broadcom Inc (NASDAQ:AVGO) to co-design and mass-produce its own AI chips by 2026, signaling a seismic shift away from Nvidia's grip…

Benzinga

Broadcom Bets Big On AI: Possible New Partnership With OpenAI Sparks Rally

Broadcom Inc (NASDAQ:AVGO) shares rallied in early trading on Friday on media reports of its possible partnership with OpenAI, which is gearing up to mass-produce its first proprietary AI chip.

Benzinga

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What Is Going On With Taiwan Semicoductor On Friday?

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock trended on Friday after client Broadcom (NASDAQ:AVGO) revealed its quarterly results on Thursday.

Benzinga

Broadcom's Free Cash Flow Surges With Higher FCF Margins, Implying a 25% Higher Value for AVGO Stock

Broadcom, a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand. That could push AVGO stock over 25% higher.

Barchart

What's Going On With Marvell Technology Stock Friday?

Marvell Technology (NASDAQ:MRVL) stock trended Friday after competitor Broadcom (NASDAQ:AVGO) delivered strong quarterly earnings.

Benzinga

What's Going On With Nvidia Stock Friday?

Nvidia Corp. (NASDAQ:NVDA) shares traded lower Friday after Broadcom Inc. (NASDAQ:AVGO) delivered stronger-than-expected quarterly results and confirmed a landmark partnership with OpenAI that could intensify competition in the artificial intelligence hardware market.

Benzinga

Broadcom's CEO Hock Tan Declares 'The Network Is The Computer' — Says Ethernet Is The Backbone For AI Scale-Out

Broadcom Inc.’s (NASDAQ:AVGO) CEO, Hock Tan, is doubling down on Ethernet as the default interconnect for the AI era, saying the company's networking architecture is essential for training large language models at scale.

Benzinga

Hock Tan's CEO Stint Saw Broadcom's Stock Shoot Up 26,750% After Listing, Now He's Staying On Amid Explosive AI Revenue Gains, Nvidia Rivalry

Broadcom Inc. (NASDAQ:AVGO) has extended CEO Hock Tan's leadership through 2030, rewarding the executive who has overseen a staggering 26,750% stock surge while steering the company into the heart of the artificial intelligence hardware race against Nvidia Corporation (NASDAQ:NVDA).

Benzinga

OpenAI To Mass-Produce 1st Proprietary AI Chip With Broadcom, Secures $10 Billion Deal: Report

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom Inc. (NASDAQ:AVGO), marking a strategic shift away from its reliance on Nvidia Corp. (NASDAQ:NVDA) amid surging demand for artificial intelligence computing power.

Benzinga

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Benzinga

Broadcom, Lululemon, Opendoor, Docusign And Neonode: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks advanced on Thursday, with the Nasdaq Composite jumping over 200 points, or nearly 1%, to 21,707.69. The SP 500 added 0.8% to finish at 6,502.08, while the Dow Jones Industrial Average also rose 0.8%, closing at 45,621.29.These are the top stocks that gained the attention of retail traders…

Benzinga

Broadcom Beats Q3 Earnings Estimates As AI Revenue Growth Accelerates

Broadcom Inc (NASDAQ:AVGO) reported financial results for the third quarter after the market close on Thursday. Here’s a look at the key details from the report.

Benzinga

4 AI Stocks To Consider As Nvidia Shares Slide

All good things eventually come to an end, and the massive rally in Nvidia Corp. (NASDAQ:NVDA) appears to be finally losing steam. The seminal semiconductor stock has rallied nearly 100% following its April lows and has basically traded flat over the last month.

Benzinga

What's Going On With Broadcom Stock Thursday?

Broadcom Inc. (NASDAQ:AVGO) is in the spotlight Thursday ahead of third quarter earnings today after the market closes.

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Benzinga

How To Earn $500 A Month From Broadcom Stock Ahead Of Q3 Earnings

Broadcom Inc. (NASDAQ:AVGO) will release earnings results for the third quarter after the closing bell on Thursday, Sept. 4.

Benzinga

Broadcom Q3 Preview: Can Nvidia's 'Baby Brother' Beat Estimates Once Again?

Semiconductor giant Broadcom Inc (NASDAQ:AVGO) reports third-quarter financial results after market close on Thursday.

Benzinga

Broadcom Vs. Nvidia: The AI Chip War You're Not Watching

In the escalating AI hardware arms race, Nvidia Corp (NASDAQ:NVDA) may hog the spotlight—but Broadcom Inc (NASDAQ:AVGO) is quietly firing back with smart silicon and hyperscaler-grade networking gear, setting up a surprisingly fierce head-to-head battle in the datacenter compute arena.

Benzinga

What's Going On With Broadcom Stock Tuesday?

Broadcom Inc. (NASDAQ:AVGO) is in the spotlight ahead Tuesday ahead of third quarter earnings Thursday after the market closes.

Benzinga

Retail Investors' Top Stocks With Earnings This Week: Broadcom, NIO, Figma And More

Individual investors are preparing for a holiday-shortened week with several high-stakes earnings reports on the calendar.

Benzinga

What's Going On With Broadcom Stock Friday?

Broadcom (NASDAQ:AVGO) shares slipped Friday, weighed down by weakness in rival Marvell Technology (NASDAQ:MRVL) after the latter posted better-than-expected quarterly earnings but tempered sentiment with cautious guidance and a wave of analyst price forecast cuts.

Barchart

How Is Broadcom's Stock Performance Compared to Other Semiconductor Stocks?

Broadcom has outpaced its semiconductor peers over the past year, and Wall Street analysts hold a strongly bullish view of the company’s future growth prospects.

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