Broadcom reported fiscal first-quarter adjusted earnings of $2.05 a share, which beat analyst estimates of $2.03 a share.
Broadcom's AI revenue jumped 106% as the company continues to be a big beneficiary of the boom in infrastructure spending.
Broadcom Inc. (NASDAQ:AVGO) shares are trading higher Thursday after it reported better-than-expected first-quarter results ...
The data center and semiconductor specialist just provided proof positive that the adoption of AI continues to gain momentum.
The stock is currently priced around $310, significantly lower than its December 2025 peak of $413. Despite the decline, this remains a high-risk investment in ...
March 5 (Reuters) - Broadcom shares jumped more than 6% in premarket trading on Thursday after the company predicted over ...
Artificial intelligence (AI) is expected to set fresh records this year, and hyperscalers refuse to cede an inch. They continue to funnel record capital into data centers and advanced computing, ...
Broadcom stock jumps 5% after strong AI-driven earnings. AI revenue doubles to $8.4 billion as demand for custom chips grows.
This underperforming AI stock is likely to get a nice shot in the arm after releasing its upcoming quarterly report.
The semiconductor specialist's meteoric rise over the past year begs the question: Is the stock a buy now?
Analysts from firms including Morgan Stanley, UBS and JPMorgan are notably bullish on Broadcom's TPU business.