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Broadcom earned a Buy rating and a $426 price target from 24/7 Wall St., driven by custom AI chip revenue surging 221% year-over-year. Long-term multi-year contracts with Google, Meta, and OpenAI bol…
Broadcom raised its AI semiconductor revenue outlook to $115 billion for fiscal 2027 and projected $230 billion by fiscal 2028. Driven by custom silicon demand from Alphabet and Meta, Q3 AI sales sur…
Amazon's AWS secured a multi-generation partnership with Qualcomm to co-develop custom AI inference silicon and optical connectivity. Broadcom shares rose 3% on strong category validation for custom …
Amazon's AWS partnered with Qualcomm on a multi-generation custom AI inference silicon deal. Qualcomm jumped 5%, while Broadcom gained 3% as markets interpreted the expansion as broad validation for …
Broadcom reported FY2025 revenue of $63.9B driven by custom AI chips despite missing Q4 guidance. Crucially, the company revealed its new custom TPUs rival Nvidia's upcoming Vera Rubin GPUs and have …
NVIDIA is investing $3.5 billion in MediaTek via convertible bonds to expand its NVLink Fusion ecosystem. The expanded partnership allows MediaTek to develop custom AI accelerators for NVIDIA rack-sc…
NVIDIA projects massive ~70% revenue growth for fiscal 2028 driven by hyperscaler demand. The company is also in late-stage talks to acquire Hugging Face for $14 billion, expanded its custom chip par…
Broadcom presents an 82% upside potential toward BNP Paribas Exane's Street-high $675 target. Despite recent pullbacks, accelerating demand for custom AI silicon, VMware margins, and a massive $30 bi…
Nvidia expanded its partnership with MediaTek, investing $3.5 billion to integrate its NVLink Fusion platform with custom XPUs. This strategic move establishes NVLink as a critical standard for custo…
Marvell reported strong data center revenue growth of 46% year-over-year and revealed an expanded custom AI silicon agreement with Google, including a 7% warrant tied to revenue milestones. The partn…
Nvidia is investing $3.5 billion in MediaTek via convertible bonds to expand AI data center, PC, and automotive partnerships. MediaTek will adopt Nvidia's NVLink Fusion platform to build custom AI ac…
As OpenAI and hyperscalers advance custom silicon, Morgan Stanley projects Google's TPU systems will generate up to $108 billion in cloud revenue by 2028. Alphabet's mature custom chip pipeline stren…
Nvidia's projected 15% price hike on next-gen AI servers strengthens Alphabet's competitive advantage with its custom TPU architecture. Google Cloud's surging backlog and accelerator-agnostic strateg…
Marvell reported robust data center growth driven by custom AI demand, citing over 50 opportunities across hyperscalers and a massive Google agreement worth up to $120 billion through 2033, highlight…
Broadcom posted robust fiscal Q2 results with AI semiconductor revenue jumping 143% to $10.8 billion and forward bookings topping $30 billion. Trading at an attractive 20x forward P/E, Broadcom solid…
Google’s $12B warrant to buy Marvell shares validates MRVL's custom AI chip strategy, shifting Alphabet from customer to aligned shareholder. While Marvell’s valuation is high, strong data center gro…
Alphabet secured warrants to purchase up to $12.18 billion in Marvell shares tied to purchasing targets through 2033. The partnership diversifies Google's custom AI chip supply chain alongside Broadc…
Marvell secured a $12.18 billion custom AI chip deal with Google, challenging Broadcom's exclusive partnership through 2031. Broadcom shares dropped 5% as rising competition in custom ASIC silicon ra…
Marvell partnered with Google to develop custom TPU AI chips, granting Google warrants for up to a $12.2 billion stake tied to purchasing targets. The deal diversifies Google's chip supply chain away…
Google is reportedly collaborating with AMD to develop its future 10th-generation Tensor Processing Unit (TPU). The partnership would leverage AMD's packaging, networking, and CPU expertise, helping …