The Latest Breaking News from AVGO

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended being careful with Ambiq Micro, Inc. (NYSE:AMBQ). He added, “There are so many good semiconductor companies out there” and recommended going with Broadcom (NASDAQ:AVGO).

U.S. chipmakers including NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Advanced Micro Devices Inc (NASDAQ:AMD), Marvell Technology Inc (NASDAQ:MRVL), and Credo Technology Holding Ltd. (NASDAQ:CRDO) are set to benefit from a massive wave of artificial intelligence infrastructure spending projected to top $1.2 trillion by 2030.

The market continues to show some encouraging signs and if that continues, bull put spread trades could do well.

While the surge in capital inflows toward artificial intelligence and other advanced innovations has resulted in remarkable performances, the ebb and flow of the market dictates a cautious outlook. Earlier this summer, some experts warned about the excessive concentration of investor funds toward a select and elite group within the…

The AI infrastructure buildout has years to go, here are three stocks with room to run as data center demand and hyperscaler spending fuel long-term growth

As Broadcom capitalizes on AI-driven demand, can the company’s ASIC dominance truly propel its stock to Macquarie’s $420 target?

Broadcom Inc. (NASDAQ:AVGO) shares are trending on Thursday.

Broadcom Inc (NASDAQ:AVGO) is no longer content to trail in NVIDIA Corp.'s (NASDAQ:NVDA) shadow. Armed with a $120 billion AI revenue target by 2030 — and CEO Hock Tan whose bonus depends on hitting it — the semiconductor giant is positioning itself to challenge Nvidia's dominance.

See why Broadcom gained another 9.8% after its impressive earnings report that also sent shares flying. Are the signals surrounding its CEO bullish or bearish?