Hock Tan
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techBroadcom sets $100B AI chip target after $8.4B quarterly haul
Broadcom posts $8.4B in AI revenue, up 106% YoY, and projects $56B for FY2026, with a path to $100B+ by FY2028 driven by custom XPU chips for giants like Google and OpenAI.
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techBroadcom'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.
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financeBroadcom 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.
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techBroadcom 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.
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techBroadcom Revenue Miss Sinks Stock; AI Guidance Disappoints
Broadcom revenue narrowly misses estimates, triggering a 12% after-hours stock drop despite AI sales doubling.
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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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techMeta 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.
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techMeta 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.