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Broadcom hits $1T market cap
Broadcom is now a $1 trillion company as stock surges 20% on AI boom
Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.
Broadcom stock closes up 24%, pushing company past $1 trillion market cap for the first time
The company said AI revenue jumped 220% for the year to $12.2 billion. The stock popped in after-hours trading Thursday when Broadcom CEO Hock Tan said the company is developing c
Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction
Broadcom is predicting a massive expansion in demand for chips that power AI — and the market, for now, is buying it all the way. The company’s valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027,
Broadcom Stock Is the Best S&P 500 Stock After Earnings
Broadcom stock is soaring Friday after the chipmaker beat earnings expectations for its most recent quarter, fueled by AI demand. Here's what you need to know.
1d
on MSN
Broadcom hits trillion-dollar valuation on lofty forecasts for AI demand
Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the ...
20h
Broadcom's long and winding path to the trillion-dollar club, and how Trump played a role
Broadcom became the eighth U.S. tech company to eclipse $1 trillion in market cap on Friday after the stock’s record gain.
1d
Broadcom Soars On Strong AI Demand
These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to ...
1d
Heard on the Street: Broadcom Makes Its Trillion Dollar AI Payday
Broadcom has never been one for making fanciful forecasts. Which is why its latest one carries a lot of weight. The chip ...
1d
on MSN
Broadcom’s stock sees its best day ever as investors get ‘a reason to dream’
Broadcom Inc.’s stock sealed its best day on record Friday, as investors salivated over the company’s prospects for the next ...
1d
Is The IPO Market Back? Broadcom Shines On Earnings
Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%.
1d
on MSN
Broadcom soars 23% to a $1 trillion valuation after earnings as the company eyes big AI opportunity ahead
Broadcom shares surged Friday after the company's latest earnings report. "We see an opportunity in AI over the next three ...
Money Morning
1d
Broadcom’s 51% Revenue Growth Sparks Massive Rally: Overbought or Just Getting Started?
Wall Street’s largest mover on Friday was shares of Broadcom after the stock jumped more than 20%. The move marks Broadcom’s ...
17h
on MSN
Bulls vs. Bears: How long can Broadcom ride the AI gravy train?
Broadcom ( NASDAQ: AVGO) shares have more than doubled this year, including a 24% rise on Friday on the back of the ...
2d
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom ...
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