10 stories tagged #Hock Tan

  1. Broadcom's Revenue Miss Sends Shares Plummeting 13%
    tech

    Broadcom's Revenue Miss Sends Shares Plummeting 13%

    Broadcom reported strong AI growth but missed Q2 revenue estimates, causing a sharp stock drop. Guidance disappoints investors.

    2w ago 1 min read
  2. Broadcom Plunges 12% on Revenue Miss Despite AI Boom Hopes
    finance

    Broadcom Plunges 12% on Revenue Miss Despite AI Boom Hopes

    Chipmaker's revenue miss triggers $285B selloff. AI demand strong but growth slower than expected. CEO Hock Tan stands by $100B AI revenue target.

    2w ago 1 min read
  3. 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.

    2w ago 1 min read
  4. 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.

    2w ago 1 min read
  5. 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.

    2w ago 1 min read
  6. Meta and Broadcom Forge Deeper AI Chip Partnership
    tech

    Meta and Broadcom Forge Deeper AI Chip Partnership

    Meta Platforms extends its collaboration with Broadcom to co-develop custom AI processors, aiming to power future 'personal superintelligence' initiatives.

    2mo ago 1 min read
  7. Meta and Broadcom Forge Multi-Year AI Chip Alliance
    tech

    Meta and Broadcom Forge Multi-Year AI Chip Alliance

    Meta expands its custom AI chip development with Broadcom through 2029, committing significant computing power to fuel its AI ambitions.

    2mo ago 1 min read
  8. Broadcom's $100 Billion AI Forecast Challenges Nvidia's Dominance
    tech

    Broadcom's $100 Billion AI Forecast Challenges Nvidia's Dominance

    Broadcom projects over $100 billion in AI chip sales, signaling aggressive growth and challenging Nvidia's market leadership in the booming AI infrastructure sector.

    3mo ago 1 min read