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 ...

Broadcom’s steepest three-day drop in over five years has the chip maker falling down the ranks of the largest U.S. companies. Shares of Broadcom AVGO lost 5.6% on Monday, capping a 17.7% three-day ...

Broadcom shares started the week with more declines, following last week's selloff. Shares in the chipmaker dropped 5.6% Monday, following the sharp fall Friday in response to the company's earnings ...

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 ...

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, ...

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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 ...

Dec 11 (Reuters) - Broadcom (AVGO.O), opens new tab projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and ...

Broadcom’s custom chip and AI-related businesses continue to surge, with the vendor touting a significant chip deal and expansion with Anthropic and a new unnamed customer, and Broadcom sitting on a ...

Broadcom is rapidly scaling its custom AI chip business, with CEO Hock Tan detailing a US$73 billion AI backlog, major new ASIC customers, and multi-billion-dollar XPU orders. The company expects to ...

Broadcom (AVGO) reports fiscal Q4 results with AI now over half of semiconductor revenue. Broadcom secured over $10B in AI rack orders from a fourth customer. Analysts expect 35.7% revenue growth in ...