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OpenAI is expanding its partnership with Samsung Electronics on next-generation chip development and enterprise AI deployment. The company highlighted collaboration with Broadcom on its custom infere…
Analyst commentary favors Broadcom over AMD, citing Broadcom's custom AI chip partnerships with hyperscalers, faster growth, and expanding revenue guidance compared to AMD's stretched valuation.
Broadcom delivered strong quarterly earnings and issued massive AI revenue guidance of $230 billion for fiscal 2028. Following the report, Cantor Fitzgerald boosted its price target to $600, implying…
Broadcom beat quarterly earnings with AI sales surging 221% year-over-year. Despite slight top-line guidance weakness for next quarter, management projected staggering long-term AI semiconductor reve…
Broadcom beat Q3 earnings with AI semiconductor revenue surging 221% to $16.7B. The company expanded long-term TPU deals with Google and Anthropic, projecting tens of billions annually, despite a sli…
Broadcom raised its multi-year AI revenue forecast, projecting $115 billion by fiscal 2027 and $230 billion in 2028. Despite a slightly soft Q4 revenue outlook, strong Q3 earnings beat and surging cu…
U.S. stocks gained as oil prices stabilized near $90. Microsoft plans to report Azure revenue directly, while Broadcom dipped after strong Q3 AI-driven earnings were overshadowed by weaker-than-expec…
Nvidia invested $3.5 billion in MediaTek convertible bonds to integrate NVLink Fusion, locking custom AI accelerators into its ecosystem. The deal empowers MediaTek to challenge Broadcom in the custo…
Broadcom has been highlighted as a top pick for the evolving AI market by BakerAvenue Wealth Management, as spending shifts from training to inference and custom chips. The company approaches upcomin…
Broadcom shares slipped slightly ahead of its crucial earnings report, as investors watch for over 200% projected growth in AI semiconductor sales to $16 billion. While fundamental AI demand remains …
MediaTek's deepened partnership with Nvidia will act as a bridge for small and early custom AI chip clients. The collaboration allows customers to seamlessly integrate custom silicon with Nvidia's GP…
Marvell Technology solidifies its position in custom AI chips across Google, Amazon, and Microsoft, challenging Broadcom's dominance. Multiple Wall Street firms raised price targets following expandi…
Nvidia CEO Jensen Huang remains confident that major AI developers, despite building custom chips, will remain long-term Nvidia customers. He argues Nvidia provides a comprehensive AI platform, not j…
Marvell approaches earnings driven by massive AI infrastructure demand and a $12.2 billion custom chip deal with Google. The expanding hyperscaler investment in specialized data center silicon unders…
Broadcom emerges as a top custom AI chip provider, outperforming competitors like Marvell in valuation and projected growth. With major hyperscalers adopting custom ASICs to optimize costs, Broadcom …
AMD faces increasing pressure as major cloud customers like Google shift toward developing their own in-house AI silicon. This move signals a challenging competitive landscape for AMD, which is also …
Meta traded higher premarket after BNP Paribas reiterated an Outperform rating with an $855 price target, citing massive upside. Analyst Nick Jones highlighted long-term revenue growth fueled by AI-d…
Broadcom shares fell over 5% after Marvell Technology secured a major custom AI chip deal with Google. The partnership includes warrants incentivizing Google purchases, raising concerns about supplie…
AMD shares declined 3.7% following news of a major custom AI chip partnership between Google and Marvell Technology. The deal stoked competitive concerns across merchant semiconductor and custom sili…
Broadcom shares fell over 4% after rival Marvell Technology secured a deal to develop custom AI chips for Google. The partnership sparked investor concerns regarding Broadcom's incumbent role and fut…