32 stories tagged #Broadcom

  1. Broadcom Q2 Revenue Misses as Competition Heats Up in Custom Chips
    tech

    Broadcom Q2 Revenue Misses as Competition Heats Up in Custom Chips

    Broadcom's Q2 revenue of $22.19B missed estimates, sending shares down 11%. AI chip competition from Nvidia and Marvell intensifies.

    2h ago 1 min read
  2. Broadcom Revenue Miss Sinks Stock; AI Guidance Disappoints
    tech

    Broadcom Revenue Miss Sinks Stock; AI Guidance Disappoints

    Broadcom revenue narrowly misses estimates, triggering a 12% after-hours stock drop despite AI sales doubling.

    3h ago 1 min read
  3. Broadcom Revenue Misses Estimates as AI Chip Competition Intensifies
    tech

    Broadcom 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.

    4h ago 1 min read
  4. Wall Street Nears Record Highs, Fueled by AI Boom
    finance

    Wall 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.

    yesterday 1 min read
  5. Nvidia, Microsoft AI Push Lifts Futures Despite Iran Tensions
    finance

    Nvidia, 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.

    2d ago 1 min read
  6. OpenAI Builds Software Layer to Run AI Across Rival Chip Architectures
    tech

    OpenAI 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.

    2d ago 1 min read
  7. Marvell Teralynx 102T: 102.4 Tbps Switch for AI Data Centers
    tech

    Marvell 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.

    2d ago 1 min read
  8. Apollo, Blackstone Back $36B Anthropic Debt Deal for AI Chips
    finance

    Apollo, 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.

    6d ago 1 min read