Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. If you’re ...
Major banks see Broadcom as a top 2026 AI play as hyperscalers pivot to custom silicon. ASIC design wins and Tomahawk networking anchor Broadcom’s role in AI data centers. Analysts model $50B+ AI ...
Broadcom turned in strong fiscal Q4 results and upbeat guidance. However, there is some worry that customers may eventually begin to take more design work in-house. That said, the company has a ...
A move most didn’t see coming shakes up the outlook. Broadcom's strong earnings and bullish outlook were overshadowed by a sharp 11% stock drop. Morgan Stanley drops a jaw-dropping price target on ...
Broadcom's AI-related revenue has been expanding rapidly. In its third-quarter earnings, the company reported roughly $6.5 billion in AI chip sales, up approximately 74% year over year, and forecast ...
Broadcom experienced an 11% single-day drop, but unlike Oracle, this is not driven by fundamental concerns. AVGO's fundamentals remain robust, with strong cash flow conversion and manageable debt, ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
(Bloomberg/Dina Bass) — Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, fell by the most in eight months after its sales outlook for the red-hot market failed to meet ...
Broadcom’s shares plummeted by more than 10% Friday despite the chipmaker reporting quarterly revenue and earnings that surpassed Wall Street’s expectations, after CEO Hock Tan provided an outlook for ...
Q4 revenue reached $18.02B and Q1 guidance of $19.1B beat estimates despite shares falling 4.4% on margin concerns. CFO guided Q1 gross margins down 100 basis points due to higher AI revenue mix and ...
🔎 Broadcom (AVGO): Shares in the Nvidia rival rose 3% afterhours following the company reporting rapid revenue growth as demand continues to rise for custom chips to fill the data centers that power ...