Broadcom
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techBroadcom Revenue Misses Estimates as AI Chip Competition Intensifies
Shares tumble over 13% as Broadcom reports revenue miss amid fierce competition from Nvidia and Marvell in the custom AI chip market.
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financeWall Street Nears Record Highs, Fueled by AI Boom
The S&P 500, Dow, and Nasdaq edge higher as AI chip stocks surge, with Marvell Technology and Hewlett Packard Enterprise leading gains.
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financeNvidia, Microsoft AI Push Lifts Futures Despite Iran Tensions
Stock futures rise as Nvidia and Microsoft unveil new AI chip. Market eyes Fed decision amid Middle East uncertainty.
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techOpenAI Builds Software Layer to Run AI Across Rival Chip Architectures
OpenAI develops runtime systems to decouple AI from Nvidia's CUDA, enabling workloads across AMD, Broadcom, Cerebras, and Google TPUs.
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techMarvell Teralynx 102T: 102.4 Tbps Switch for AI Data Centers
Marvell's new Teralynx 102T switch delivers 102.4 Tbps bandwidth, doubling its predecessor, targeting AI data centers.
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financeApollo, Blackstone Back $36B Anthropic Debt Deal for AI Chips
Apollo and Blackstone lead $36 billion debt financing for Anthropic to buy Google's custom chips, with Broadcom backing payments.
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techMarvell Beats Q2 Revenue Forecast on AI Chip Demand; Shares Jump
Marvell Technology forecasts Q2 revenue above estimates, driven by AI chip demand, sending shares up over 6%.
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cryptoBitcoin Slips to 13th Largest Asset as Capital Flows to AI and Metals
Bitcoin's market cap drops to $1.5 trillion as gold, silver, and semiconductor giants surge.